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1860 Billingsley Ter 59 Unit Apartment Building $8,200,000 ($138,983/Unit) 5.11% Cap Rate Bronx, NY 10453
Executive Summary
Kassin Sabbagh Realty (KSR) has been retained exclusively to market the sale of 1860 Billingsley Terrace. A Multi-Family building located in Morris Heights sections of the Bronx, NY. 1860 Billingsley Terrace was built in 1927 and has 6 stories and 59 units.
Property Facts
| Price | $8,200,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $138,983 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5.11% | Building Size | 64,614 SF |
| No. Units | 59 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | MF | ||
| Price | $8,200,000 |
| Price Per Unit | $138,983 |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| No. Units | 59 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 64,614 SF |
| No. Stories | 6 |
| Year Built | 1927 |
| Opportunity Zone |
Yes |
| Zoning | MF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Views
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 59 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02879-0253 | Improvements Assessment | $1,091,250 |
| Land Assessment | $57,150 | Total Assessment | $1,148,400 |
Property Taxes
Parcel Number
02879-0253
Land Assessment
$57,150
Improvements Assessment
$1,091,250
Total Assessment
$1,148,400
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Contact the Sale Advisor
1860 Billingsley Ter