Log In/Sign Up
Your email has been sent.
NEW CONSTRUCTION / 421-A 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
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
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
NEW CONSTRUCTION / 421-A | 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.