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2377 Creston Ave
Bronx, NY 10468
2377 - 2381 Creston Avenue · Multifamily Property For Sale
·
58 Units
Investment Highlights
- This 58-unit walk-up building is composed of six stores and 52 residential units.
- 8.3% Cap Rate | 4.89x GRM | $93,017 Per Unit | $117 Per Sqft
- 2337-2381 Creston Avenue is well located, close to St. James Park, Monroe University, and the Fordham Road B & D Train.
- It comprises 32 one-bedroom, 16 two-bedroom, and five three- bedroom apartments.
- The building offers investors a steady annual cash flow of $440,999 with $23,108 in delta upside
Property Facts
| No. Units | 58 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 45,966 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | B | Year Built | 1924 |
| Zoning | R8, Bronx - High density residential district | ||
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 45,966 SF |
| Average Occupancy | 95% |
| No. Stories | 5 |
| Year Built | 1924 |
| Zoning | R8, Bronx - High density residential district |
Amenities
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 32 | - | - |
| 2+1 | 14 | - | - |
| 3+1 | 5 | - | - |
Property Taxes
| Parcel Number | 03173-0064 | Improvements Assessment | $1,554,120 |
| Land Assessment | $209,250 | Total Assessment | $1,763,370 |
Property Taxes
Parcel Number
03173-0064
Land Assessment
$209,250
Improvements Assessment
$1,554,120
Total Assessment
$1,763,370
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