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441 E 140th St
Bronx, NY 10454
Mott Haven · Multifamily Property For Sale
·
11 Units
Investment Highlights
- 441 East 140th Street comprises 1 two-bedroom apartment and 9 three-bedroom apartments. The property is a 5-story building and is not subject to LL1
- Under Section-8 rental guidelines, a Pro-Forma rent of $4,000 per apartment could enable an investor to increase annual income by over $100,000.
- This building is conveniently located near Mottley Kitchen, Brook Park, and the Brook Avenue Subway Station.
- Asking 8.8% Cap Rate or 6.4 GRM.
- This Pro-Forma Cap Rate equates to approximately 14.4%.
Property Facts
| No. Units | 11 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 13,235 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1905 |
| Building Class | C | ||
| Zoning | R6, Bronx - Medium density residential zoning district. | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 13,235 SF |
| No. Stories | 5 |
| Year Built | 1905 |
| Zoning | R6, Bronx - Medium density residential zoning district. |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 11 | - | - |
Property Taxes
| Parcel Number | 02285-0070 | Improvements Assessment | $207,180 |
| Land Assessment | $34,200 | Total Assessment | $241,380 |
Property Taxes
Parcel Number
02285-0070
Land Assessment
$34,200
Improvements Assessment
$207,180
Total Assessment
$241,380
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