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989-991 Boston Road, Bronx NY 10456 3308-3310 3rd Ave 6 Unit Apartment Building $1,595,000 ($265,833/Unit) 8.25% Cap Rate Bronx, NY 10456
EXECUTIVE SUMMARY
2 Three Story Walkup Buildings with 6 Apartments on Boston Road, AND 2 One Story Taxpayers with 2 Stores on Third Ave, ALL Built NEW in 2006. Total of 6 Apartments and 2 Stores.
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 |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
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 | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,595,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $265,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 8.25% | Building Size | 11,000 SF |
| No. Units | 6 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2006 |
| Property Subtype | Apartment | ||
| Zoning | R6 | ||
| Price | $1,595,000 |
| Price Per Unit | $265,833 |
| Sale Type | Investment |
| Cap Rate | 8.25% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 11,000 SF |
| No. Stories | 4 |
| Year Built | 2006 |
| Zoning | R6 |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 02607-0099 | Total Assessment | $325,267 (2025) |
| Land Assessment | $48,455 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $276,812 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
02607-0099
Land Assessment
$48,455 (2025)
Improvements Assessment
$276,812 (2025)
Total Assessment
$325,267 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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989-991 Boston Road, Bronx NY 10456 | 3308-3310 3rd Ave
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