1215 Wheeler Ave
Bronx, NY 10472
Multifamily Property For Sale
·
11 Units
PROPERTY FACTS
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 13,400 SF |
| No. Stories | 5 |
| Year Built | 1913 |
| Zoning | C4-2, Bronx, (C1) |
ABOUT 1215 WHEELER AVE , BRONX, NY 10472
Solid 5-story brick building on a 40x100 lot in soundview area of the bronx. Each floor has 2 large apartments (3BR and 1bath), half of them have been renovated within last 5 years. The building also has a legal 2BR basement apt which has access to a huge, upgraded back-yard. Of the 11 apartments, 9 are rent stabilized and 2 have been exempted from stablization in 2014/2015, the ground of high-rents. The rent roll for 2019 is around 185,000, since there are 2 apts with rents below $1000. The building is well-managed and expenses are low. There are many long terms tenants. Also many capital improvements have been done in last 5 years, including new gas boiler, 3 50G water heaters, New roof, Intercom/cameras and pointing of brick walls
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 10 | $1,413 | 1,100 |
| 2+1 | 1 | - | 950 |
PROPERTY TAXES
| Parcel Number | 03771-0072 | Improvements Assessment | $152,010 |
| Land Assessment | $21,960 | Total Assessment | $173,970 |
