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Great Assumable Loan / Affordable Component 3160 Webster Ave 60 Unit Apartment Building $6,200,000 ($103,333/Unit) Bronx, NY 10467
Executive Summary
Assumable loan on the residential portion of $5,004,757 @4.71%
Tremendous Cash-on-Cash Return
Residential Condominium consisting of 60 units for sale. Commercial condominium can be purchased for an additional cost.
420-C exemption will be in year 9 of 44 (expires 6/30/2061).
Tremendous Cash-on-Cash Return
Residential Condominium consisting of 60 units for sale. Commercial condominium can be purchased for an additional cost.
420-C exemption will be in year 9 of 44 (expires 6/30/2061).
Property Facts
| Price | $6,200,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $103,333 | Building Class | A |
| Sale Type | Investment | Lot Size | 0.27 AC |
| No. Units | 60 | Building Size | 65,087 SF |
| Property Type | Multifamily | No. Stories | 10 |
| Property Subtype | Apartment | Year Built | 2017 |
| Zoning | C8-2 - Commercial/manufacturing. Heavy commercial services that often require large amounts of land. | ||
| Price | $6,200,000 |
| Price Per Unit | $103,333 |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.27 AC |
| Building Size | 65,087 SF |
| No. Stories | 10 |
| Year Built | 2017 |
| Zoning | C8-2 - Commercial/manufacturing. Heavy commercial services that often require large amounts of land. |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
Site Amenities
- Laundry Facilities
- Storage Space
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | 560 |
| 1+1 | 19 | - | 713 |
| 2+1 | 23 | - | 976 |
| 3+1 | 9 | - | 1,167 |
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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Great Assumable Loan / Affordable Component | 3160 Webster Ave