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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3590180
Originating Board onekey2
Rental Info No
Year Built 1966
Annual Tax Amount $56,124
Lot Dimensions 50x110
Property Description
Calling All Investors, Developers & End-Users!!! 4 Unit Mixed-Use Building With Garage For Sale In The Bronx!!! The Building Features Great Exposure, Excellent Signage, Strong R5B/R5D/C1-4 Zoning, 11 Parking Spaces, High 9' Ceilings, (3) 2 Br. Apts., Basement With 8' Ceilings, 2 Skylights, 2 Private Driveways, Garage, Ramp, Accessible Bathrooms, LED Lighting, 3 Phase Power, +++!!! The Property Is Located In The Heart The Bronx On Perry Avenue In Between The Mosholu Parkway & Bronx River Parkway!!! Neighbors Include Starbucks, Citi, Extra Space Storage, Best Buy, Blink Fitness, Crunch Fitness, Walgreens, Marshalls, Burlington, McDonald's, Chick-fil-A, Dollar Tree, Aldi, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Floor + LL (8,600 Sqft.): $144,000 Ann. (Available) 2nd Floor: Apt. 1 (2,800 Sqft., 2 Br. Apt.): $38,400 Ann. (Available) Apt. 2 (2,800 Sqft., 2 Br. Apt.): $38,400 Ann. (Available) 3rd Floor: Apt. 3 (2,800 Sqft., 2 Br. Apt.): $45,600 Ann. (Available) Pro Forma Gross Income: $266,400 Ann. Expenses: Gas & Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water & Sewer: $7,200 Ann. Insurance: $4,638 Ann. Taxes: $56,124 Ann. Total Expenses: $68,212 Ann. Net Operating Income (NOI): $198,188 Ann. (Pro Forma 10.71 Cap!!!)
Location
State NY
County Bronx County
Interior
Fireplace No
Exterior
Private Pool No
Building
Story 3
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp
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