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536 East 138th Street 536 East 138Th Street 8 Unit Apartment Building $1,799,000 ($224,875/Unit) New York, NY 10454
Executive Summary
Prime Mixed - Use Investment Opportunity - Mott Haven, Bronx. Welcome to 536 E 138th St. this solid mix-used building is great for investors and owner-operators alike, combining a a fully operational commercial space with strong residential income potential. The ground floor features a fully functional restaurant and finish basement ideal for refrigerator and walk-in storage, making it perfect for continued food and beverage use. Above are eight 3- bedroom, living room and 1-bath apartments. This property is built for performance and efficiency with: 11 gas meters and 9 electrical brakers, 1 gas boiler, 2 hot water tanks (2&6yrs old) Roof is 4/5yrs old, back-flow system. 100 brick and stucco. The property benefits from high visibility strong foot and vehicle traffic, and is conventionally located near major highways, retail stores, and public transportation making it ideal for both commercials success and residential convenience. Whether you're looking to expand your portfolio or own a cash-flowing asset in a prime. Bronx location this property delivers on all fronts.
Property Facts
| Price | $1,799,000 | Building Class | B |
| Price Per Unit | $224,875 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 2,500 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R6 - Medium density residential district | ||
| Price | $1,799,000 |
| Price Per Unit | $224,875 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 2,500 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium density residential district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02265-0039 | Improvements Assessment | $138,422 |
| Land Assessment | $1,852 | Total Assessment | $140,274 |
Property Taxes
Parcel Number
02265-0039
Land Assessment
$1,852
Improvements Assessment
$138,422
Total Assessment
$140,274
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536 East 138th Street | 536 East 138Th Street