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260 Zerega Ave - 260 Zerega 2 Unit Apartment Building Offered at $950,000 Bronx, NY 10473
Investment Highlights
- Gated community
- Community waterfront deck
- Tenants paying all bills except water
- Water view
- Luxury amenities
Executive Summary
LUXURY WATERFRONT Mediterranean Villa-style. 2 family home in an EXCLUSIVE GATED COMMUNITY. Enjoy unobstructed views of the sun’s ray’s dancing on the East River during the day, and candlelight like illumination from the Whitestone Bridge at night. Great waterfront infinity deck and a large common yard. The top unit is a 2 BR / 2 bath with cathedral ceilings and skylights. The 1st fl. unit is a 2 BR, 1 bath over a 3rd large bedroom with 2nd full baths, laundry room, parking garage and driveway. Amenities’ include terra-cotta roof tiles, private balconies, custom wood cabinetry, stainless steel range, refrigerator, and dishwasher, granite countertops, hardwood floors, Jacuzzi bathtubs, central HVAC, and a private backyard. 43 Min. to Wall Street via the new Soundview ferry stop. LOW TAXES- LESS THAN $2K ANNUALLY. LOW MAINTENANCE ONLY $583.56 WITH TENANTS PAYING ALL UTILITIES. ASSUMABLE MORTGAGE @ 4% ONLY - APPROXIMATELY $538K as of 11/1/25 (P&I $2,954.01 monthly); must be corp. entity and approved by the lender. NOTE AND AMORTIZATION TABLE AVAILABLE. AE flood Zone - $996 annual premium.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$61,752
|
$20.13
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$61,752
|
$20.13
|
| Taxes |
$1,821
|
$0.59
|
| Operating Expenses |
$2,000
|
$0.65
|
| Total Expenses |
$3,821
|
$1.25
|
| Net Operating Income |
$57,931
|
$18.88
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $61,752 |
| Annual Per SF | $20.13 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $61,752 |
| Annual Per SF | $20.13 |
| Taxes | |
|---|---|
| Annual | $1,821 |
| Annual Per SF | $0.59 |
| Operating Expenses | |
|---|---|
| Annual | $2,000 |
| Annual Per SF | $0.65 |
| Total Expenses | |
|---|---|
| Annual | $3,821 |
| Annual Per SF | $1.25 |
| Net Operating Income | |
|---|---|
| Annual | $57,931 |
| Annual Per SF | $18.88 |
Property Facts
Amenities
Site Amenities
- 24 Hour Access
- Fenced Lot
- Picnic Area
- Gas Range
- Planned Social Activities
- Bicycle Storage
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $2,450 | 1,000 |
| 3+1 | 1 | $2,696 | 1,500 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 03487-0140 | Total Assessment | $10,187 (2026) |
| Land Assessment | $1,403 (2026) | Annual Taxes | $1,821 ($0.59/SF) |
| Improvements Assessment | $8,784 (2026) | Tax Year | 2024 |
Property Taxes
Parcel Number
03487-0140
Land Assessment
$1,403 (2026)
Improvements Assessment
$8,784 (2026)
Total Assessment
$10,187 (2026)
Annual Taxes
$1,821 ($0.59/SF)
Tax Year
2024
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260 Zerega Ave - 260 Zerega
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