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576 Southern Blvd 19 Unit Apartment Building $2,400,000 ($126,316/Unit) 7.93% Cap Rate Bronx, NY 10455
Investment Highlights
- HEAVY TRAFFIC
- GREAT INVESTMENT
- CONSISTENT RENT ROLL
Executive Summary
PRIME INVESTMENT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. TWO STOREFRONTS ON THE FIRST FLOOR, CURRENTLY OPERATING AS A BAR AND A BEAUTY SALON. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND LOCAL AMENITIES. DON'T MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US AT BROKER@DACPROPERTIES.COM (516-378-8888) FOR FINANCIALS, RENT ROLL, OR TO SCHEDULE A TOUR!
Property Facts
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 9 | - | - |
| 3+1 | 4 | - | - |
| 4+1 | 4 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02603-0017 | Improvements Assessment | $753,800 |
| Land Assessment | $34,650 | Total Assessment | $788,450 |
Property Taxes
Parcel Number
02603-0017
Land Assessment
$34,650
Improvements Assessment
$753,800
Total Assessment
$788,450
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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576 Southern Blvd
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