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2104 Cross Bronx Expy
Bronx, NY 10472
Multifamily Property For Sale
·
38 Units
Investment Highlights
- The Building: Spanning 31,815 square feet across 38 apartments with 112’ of frontage on Cross Bronx Expressway, the building is composed of 1 studio,
- The Metrics & Preferential Rents: Asking $101,923/unit l 5.7x GRM l 8.6% Cap Rate l $114PSF. The building has ~47,000 of preferential upside.
- Professionally Managed: 2104 Cross Bronx Expressway has been meticulously maintained & professionally managed for over 20 years.
- Abatements & Exemptions: 2014 Cross Bronx benefits from both a J-51 tax abatement and exemption. The J51 tax abatement benefits are in place until 202
Property Facts
| No. Units | 38 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 34,815 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 6 |
| Building Class | C | Year Built | 1928 |
| Zoning | R5 | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 34,815 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 1928 |
| Zoning | R5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | - | - |
Property Taxes
| Parcel Number | 03810-0013 | Improvements Assessment | $1,081,890 |
| Land Assessment | $85,500 | Total Assessment | $1,167,390 |
Property Taxes
Parcel Number
03810-0013
Land Assessment
$85,500
Improvements Assessment
$1,081,890
Total Assessment
$1,167,390
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