Log In/Sign Up
Your email has been sent.
NOW 50% Occupied! Income Producing! 3162 Villa Ave 66 Unit Apartment Building $25,000,000 ($378,788/Unit) 10% Cap Rate Bronx, NY 10468
Investment Highlights
- New Construction
- Walk to the Subway Station (#4 Train), Metro North Train Station and Bus service
- Rooftop Recreation space and 2 garage parking spots
Executive Summary
NOW 50% Occupied! Income Producing!
NEW CONSTRUCTION in a Fantastic North Bronx location!
Walk to the Subway Station (#4 Train), Metro North Train Station and Bus service!
421-A / Augmented City FHEPs program (Ownership is in the early phases of lease up under the current program)
66 Units including 16 Studio Units / 15 One Bedroom Units / 35 Two Bedroom Units
Projected NOI: ±$2,500,000 (Projected Rent Roll & Projected Expenses upon request) *Assuming 100% of the units are rented under the current “Augmented City FHEPS” Program
Building Square Footage: ±49,000 SF
Lot Square Footage: 7,500 SF (75 x 100)
Elevator to all floors
Balconies 3rd Floor - 8th Floor (Front & Rear Units)
Balconies 9th Floor – 11th Floor (Rear Units Only)
Private Terrace 9th Floor Only
NEW CONSTRUCTION in a Fantastic North Bronx location!
Walk to the Subway Station (#4 Train), Metro North Train Station and Bus service!
421-A / Augmented City FHEPs program (Ownership is in the early phases of lease up under the current program)
66 Units including 16 Studio Units / 15 One Bedroom Units / 35 Two Bedroom Units
Projected NOI: ±$2,500,000 (Projected Rent Roll & Projected Expenses upon request) *Assuming 100% of the units are rented under the current “Augmented City FHEPS” Program
Building Square Footage: ±49,000 SF
Lot Square Footage: 7,500 SF (75 x 100)
Elevator to all floors
Balconies 3rd Floor - 8th Floor (Front & Rear Units)
Balconies 9th Floor – 11th Floor (Rear Units Only)
Private Terrace 9th Floor Only
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Storage Space
- Bicycle Storage
- Elevator
- Online Services
- Public Transportation
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 438 |
| 2+1 | 35 | - | 758 |
| Studios | 16 | - | 356 |
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 03311-0029 | Improvements Assessment | $2,760,300 |
| Land Assessment | $262,404 | Total Assessment | $3,022,704 |
Property Taxes
Parcel Number
03311-0029
Land Assessment
$262,404
Improvements Assessment
$2,760,300
Total Assessment
$3,022,704
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
NOW 50% Occupied! Income Producing! | 3162 Villa Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.