This property is Off-Market

MORRIS AVE. @ 149 ST.
Bronx, NY 10451 ·

4,810 SF · Retail For Sale

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MORRIS AVE.

Price N/A Property Use Type Investment
Building Size 4,810 SF No. Stories 3
Property Type Retail Tenancy Multiple
Property Sub-type
Street Retail
More...
  • Mid/High-Rise
  • Office Building
  • Medical Office
Lot Size 4,810 SF
Listing ID: 14306549 Date Created: 08/17/2005 Last Updated: 08/08/2013

Description

PRESENT INCOME : $ 200,608.00 {{ 2 COMMERCIAL MIXED USE BUILDINGS }} CONTAINS 5 STORES & 8 APPTS. VERY DESIRABLE AREA,COMPS IN THE AREA SELLING FOR OVER $2,500,000 , PESENTLY 100% OCUPIED,GREAT CHANCE TO RE LEASE AS A MEDICAL CENTER FOR THE CLOSE APROXIMITY TO THE HOSPITAL UPON LEASES EXPIRES FOR A MUCH HIGER POTENTIAL INCOME ,

10% + RETURN ON CASH INVESTED

THE HEART OF SOUTH BRONX , N.Y.

Highlights

  • GREAT LOCATION
  • GREAT TO MAKE A MEDICAL CENTER
  • EXPECTED TO MUCH HIGHER INCOME IN COMMERCIAL USE
  • PRESENTLY PRODUCING OVER 10% RETURN ON INVESTMENT AFTER PAYING MORTGAGE INTEREST & ALL EXPENSES

Research

MORRIS AVE. @ 149 ST., Bronx, NY 10451 (Bronx County)

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