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4656 Park Ave 22 Unit Apartment Building $9,319,489 ($423,613/Unit) 7.25% Cap Rate Bronx, NY 10458
Executive Summary
32 Year Tax Abated
Income: $829,473.96
Expenses : $ 153,810.76
NOI: $675,663.20
Cap Rate: 7.25%
Income: $829,473.96
Expenses : $ 153,810.76
NOI: $675,663.20
Cap Rate: 7.25%
Property Facts
| Price | $9,319,489 | Building Class | A |
| Price Per Unit | $423,613 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 18,548 SF |
| Cap Rate | 7.25% | Average Occupancy | 100% |
| No. Units | 22 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6A | ||
| Price | $9,319,489 |
| Price Per Unit | $423,613 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.12 AC |
| Building Size | 18,548 SF |
| Average Occupancy | 100% |
| No. Stories | 6 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
| Zoning | R6A |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Fitness Center
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
| 1+1 | 9 | - | - |
| 2+1 | 7 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03040-0005 | Improvements Assessment | $1,695,150 |
| Land Assessment | $104,400 | Total Assessment | $1,799,550 |
Property Taxes
Parcel Number
03040-0005
Land Assessment
$104,400
Improvements Assessment
$1,695,150
Total Assessment
$1,799,550
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4656 Park Ave
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