Historical Multifamily Sale Listing - 789 East 183rd Street, Bronx, NY 10460

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789 East 183rd Street, Bronx, NY 10460

789 E 183rd Street, Bronx, NY 10460

N/A

18,000 SF | Multifamily

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Multifamily Property - Off Market

Price:
N/A
Building Size:
18,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Listing ID
17062828
Last Updated
over 1 year ago

Description

789 East 183rd Street is a five (5) story walkup building located on the northwest corner of Southern Boulevard and 183rd Street in the Belmont neighborhood of the Bronx. This building features twenty-one (21) units comprised of five (5) one-bedrooms, ten (10) two-bedrooms, and six (6) three- bedrooms. There are currently 4 vacancies and 1 super occupied apartment; the average monthly rent per room is $262 and the average monthly rent is $1,046. Roughly half the building is comprised of program tenants, and as of July 2011, there were 11 units in arrears. The building features a new boiler and separate hot water system and thorough-coated north and west exterior walls. Perfect property for an experienced local operator looking for good cash flow. Rent roll and expense breakdown on reverse. The owner has called for highest and best offers by Friday 7/29/11.

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Created 3/10/2011