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Executive Summary
Great investment opportunity in the Belmont Section of the Bronx is located near Fordham University, Bronx Zoo, Arthur Ave shopping area and tons of restaurants. R-6 Zoned, Six-family brick apartment building with ATTACHED MIXED USE RETAIL space is being sold as-is. This building and adjoining space can be gut renovated/expanded with the potential build up. Consult your architect. Close proximity to the Bronx River Pkwy, D/4/5 trains and a multitude of buses provides quick access to Manhattan. Welcoming all investors/developers to envision the possibilities and income potential of these two properties. Property can be delivered vacant! All information deemed reliable but should be independently verified.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$124,080
|
$15.19
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$124,080
|
$15.19
|
| Taxes |
$18,133
|
$2.22
|
| Operating Expenses |
$2,950
|
$0.36
|
| Total Expenses |
$21,083
|
$2.58
|
| Net Operating Income |
$102,997
|
$12.61
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $124,080 |
| Annual Per SF | $15.19 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $124,080 |
| Annual Per SF | $15.19 |
| Taxes | |
|---|---|
| Annual | $18,133 |
| Annual Per SF | $2.22 |
| Operating Expenses | |
|---|---|
| Annual | $2,950 |
| Annual Per SF | $0.36 |
| Total Expenses | |
|---|---|
| Annual | $21,083 |
| Annual Per SF | $2.58 |
| Net Operating Income | |
|---|---|
| Annual | $102,997 |
| Annual Per SF | $12.61 |
Property Facts Under Contract
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Sprinkler System
- Tub/Shower
Site Amenities
- 24 Hour Access
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 9+5 | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (91)
Property Taxes
| Parcel Number | 03105-0020 | Total Assessment | $161,941 (2025) |
| Land Assessment | $2,751 (2025) | Annual Taxes | $18,133 ($2.22/SF) |
| Improvements Assessment | $159,190 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
03105-0020
Land Assessment
$2,751 (2025)
Improvements Assessment
$159,190 (2025)
Total Assessment
$161,941 (2025)
Annual Taxes
$18,133 ($2.22/SF)
Tax Year
2023
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