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3156 Hull Ave 26 Unit Apartment Building $3,850,000 ($148,077/Unit) 7.06% Cap Rate Bronx, NY 10467
Investment Highlights
- Close to Bus
- Close to School
- Close to Shops
- Close to Park
- Close to Railroad
- Hardwood Floors
Executive Summary
Seize the chance to step into a lucrative investment with ease.
This 26-unit gem in The Bronx comes with an assumable mortgage of $2.3 million at an enticing rate of 2.85%. Nestled within the vibrant borough of Bronx, 3156 Hull Ave stands as a beacon of opportunity for astute investors seeking to enhance cash flow and cultivate long-term equity in the bustling real estate landscape. This distinguished multifamily property boasts an impressive footprint, offering approximately 21,250 square feet of versatile floor space. Erected in 1920, the building embodies a rich historical legacy while embracing contemporary comforts and conveniences.
This 26-unit gem in The Bronx comes with an assumable mortgage of $2.3 million at an enticing rate of 2.85%. Nestled within the vibrant borough of Bronx, 3156 Hull Ave stands as a beacon of opportunity for astute investors seeking to enhance cash flow and cultivate long-term equity in the bustling real estate landscape. This distinguished multifamily property boasts an impressive footprint, offering approximately 21,250 square feet of versatile floor space. Erected in 1920, the building embodies a rich historical legacy while embracing contemporary comforts and conveniences.
Property Facts
| Price | $3,850,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $148,077 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 7.06% | Building Size | 21,250 SF |
| No. Units | 26 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | R7-1 Bronx(C1) - Residential | ||
| Price | $3,850,000 |
| Price Per Unit | $148,077 |
| Sale Type | Investment |
| Cap Rate | 7.06% |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 21,250 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Zoning | R7-1 Bronx(C1) - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Eat-in Kitchen
- Kitchen
- Tub/Shower
Site Amenities
- 24 Hour Access
- Recycling
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 03349-0016 | Improvements Assessment | $475,560 |
| Land Assessment | $45,000 | Total Assessment | $520,560 |
Property Taxes
Parcel Number
03349-0016
Land Assessment
$45,000
Improvements Assessment
$475,560
Total Assessment
$520,560
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3156 Hull Ave
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