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2114 Daly Ave 28 Unit Apartment Building $3,700,000 ($132,143/Unit) 9.40% Cap Rate Bronx, NY 10460
EXECUTIVE SUMMARY
Safdie Realty Group has been exclusively retained to sell 2114 Daly Avenue. The subject property is located between East 180th Street & East 181st Street in West Farms, Bronx. The property offers 28 apartments of which four are vacant. The property is built 43 ft x 100 ft, offering approximately 21,355 square feet. 2114 Daly Avenue sits on a 43 ft x 121 ft lot. The property is located within walking distance to the 2 & 5 subway lines.
PROPERTY FACTS
| Price | $3,700,000 | Building Class | C |
| Price Per Unit | $132,143 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 19,356 SF |
| Cap Rate | 9.40% | Average Occupancy | 86% |
| No. Units | 28 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1911 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements. | ||
| Price | $3,700,000 |
| Price Per Unit | $132,143 |
| Sale Type | Investment |
| Cap Rate | 9.40% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 19,356 SF |
| Average Occupancy | 86% |
| No. Stories | 5 |
| Year Built | 1911 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Smoke Free
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Smoke Free
- Bicycle Storage
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 450 |
| 3+1 | 18 | - | 900 |
| 4+2 | 6 | - | 1,100 |
| 5+2 | 3 | - | 1,200 |
1 1
Walk Score®
Very Walkable (87)
Transit Score®
Rider's Paradise (98)
PROPERTY TAXES
| Parcel Number | 03128-0005 | Improvements Assessment | $399,600 |
| Land Assessment | $70,650 | Total Assessment | $470,250 |
PROPERTY TAXES
Parcel Number
03128-0005
Land Assessment
$70,650
Improvements Assessment
$399,600
Total Assessment
$470,250
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2114 Daly Ave
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