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2319 Belmont Ave 27 Unit Apartment Building $2,450,000 ($90,741/Unit) Bronx, NY 10458
INVESTMENT HIGHLIGHTS
- Proximity to Little Italy Shopping/Restaurant Area, Fordham University, NY Botanical Garden and the Bronx Zoo.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$378,012
|
$17.18
|
| Other Income |
$10,856
|
$0.49
|
| Vacancy Loss |
$8,344
|
$0.38
|
| Effective Gross Income |
$380,524
|
$17.30
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $378,012 |
| Annual Per SF | $17.18 |
| Other Income | |
|---|---|
| Annual | $10,856 |
| Annual Per SF | $0.49 |
| Vacancy Loss | |
|---|---|
| Annual | $8,344 |
| Annual Per SF | $0.38 |
| Effective Gross Income | |
|---|---|
| Annual | $380,524 |
| Annual Per SF | $17.30 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,450,000 | Building Class | C |
| Price Per Unit | $90,741 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 22,000 SF |
| No. Units | 27 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R7-1 | ||
| Price | $2,450,000 |
| Price Per Unit | $90,741 |
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 22,000 SF |
| No. Stories | 5 |
| Year Built | 1929 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 27 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (96)
PROPERTY TAXES
| Parcel Number | 03087-0023 | Improvements Assessment | $422,220 (2025) |
| Land Assessment | $90,000 (2025) | Total Assessment | $512,220 (2025) |
PROPERTY TAXES
Parcel Number
03087-0023
Land Assessment
$90,000 (2025)
Improvements Assessment
$422,220 (2025)
Total Assessment
$512,220 (2025)
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187 Realty
2319 Belmont Ave
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