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Investment Highlights
- Walking distance to train
- Tenants pay all utilities
- Great location
Executive Summary
Pelham Bay location all brick multi family property , top floor apartment is a 3 bed 2 full bath with balcony, hardwood floors throughout , middle floor is also a 3 bed 2 full bath with balcony , walk in level is a 1 bed 1 bath , attached garage and finished walk out basement to back yard , three gas boilers and 3 hot water heaters , close to #6 train and major highways.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts Under Contract
| Price | $1,200,000 | Property Type | Multifamily |
| Price Per Unit | $400,000 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 2,500 SF |
| Cap Rate | 5% | No. Stories | 3 |
| No. Units | 3 | Year Built | 1991 |
| Zoning | R4A | ||
| Price | $1,200,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.06 AC |
| Building Size | 2,500 SF |
| No. Stories | 3 |
| Year Built | 1991 |
| Zoning | R4A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,900 | - |
| 1+1 | 1 | $1,300 | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 05389-0041 | Total Assessment | $39,917 (2025) |
| Land Assessment | $6,830 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $33,087 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
05389-0041
Land Assessment
$6,830 (2025)
Improvements Assessment
$33,087 (2025)
Total Assessment
$39,917 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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