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1543 Leland Ave - 1543 Leland Ave 3 Unit Apartment Building Offered at $1,050,000 at a 10.70% Cap Rate Bronx, NY 10460
INVESTMENT HIGHLIGHTS
- Legal 3 Family
- Private Driveway
- 2 Car Garage
- Fully Detached
- Excellent Location
- Unfinished Basement
EXECUTIVE SUMMARY
1543 Leland Ave, Bronx — Excellent opportunity to own a well-located 3-family with upside. Features a vacant 4-bedroom on the 1st floor plus a vacant basement, ideal for value-add or owner-occupant use. The 2nd-floor 4-bedroom and 3rd-floor 2-bedroom are occupied by market-paying tenants. Includes a private driveway and sits on a great residential block close to transportation, shopping, and amenities. Strong income now with immediate upside potential.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$133,562
|
$47.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$133,562
|
$47.94
|
| Taxes |
$7,905
|
$2.84
|
| Operating Expenses |
$13,300
|
$4.77
|
| Total Expenses |
$21,205
|
$7.61
|
| Net Operating Income |
$112,357
|
$40.33
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $133,562 |
| Annual Per SF | $47.94 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $133,562 |
| Annual Per SF | $47.94 |
| Taxes | |
|---|---|
| Annual | $7,905 |
| Annual Per SF | $2.84 |
| Operating Expenses | |
|---|---|
| Annual | $13,300 |
| Annual Per SF | $4.77 |
| Total Expenses | |
|---|---|
| Annual | $21,205 |
| Annual Per SF | $7.61 |
| Net Operating Income | |
|---|---|
| Annual | $112,357 |
| Annual Per SF | $40.33 |
PROPERTY FACTS
| Price | $1,050,000 | Property Type | Multifamily |
| Price Per Unit | $350,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Size | 2,786 SF |
| Cap Rate | 10.70% | No. Stories | 4 |
| No. Units | 3 | Year Built | 1910 |
| Price | $1,050,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 10.70% |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Size | 2,786 SF |
| No. Stories | 4 |
| Year Built | 1910 |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
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1543 Leland Ave - 1543 Leland Ave
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