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1193 Fulton Ave
Bronx, NY 10456
Multifamily Property For Sale
·
25 Units
Investment Highlights
- GP interest in stabilized affordable housing asset
- Assumable financing at 4.03% with 2051 maturity
- Located near Crotona Park and major bus lines
- 420C tax exemption in place through 2077
- 8.40% Year 1 cash-on-cash return
- HPD agreement with AMI-based rent restrictions
Property Facts
| No. Units | 25 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 21,000 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | B | Parking Ratio | 0.24/1,000 SF |
| Zoning | R6 | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 21,000 SF |
| No. Stories | 5 |
| Year Built | 2020 |
| Parking Ratio | 0.24/1,000 SF |
| Zoning | R6 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 25 | - | - |
Property Taxes
| Parcel Number | 02609-0041 | Improvements Assessment | $1,051,920 |
| Land Assessment | $269,730 | Total Assessment | $1,321,650 |
Property Taxes
Parcel Number
02609-0041
Land Assessment
$269,730
Improvements Assessment
$1,051,920
Total Assessment
$1,321,650
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