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598-600 E 183rd St
Bronx, NY 10458
598 East 183rd Street · Multifamily Property For Sale
·
30 Units
Investment Highlights
- This 30-unit walk-up building is composed of one store and 29 residential units.
- 8.3% Cap Rate | 5.1x GRM | $106,500 Per Unit | $121 Per Sqft
- 2239 Adams Place is conveniently located a few steps from prime Little Italy Retail Markets, St. Barnabas Hospital, and the Bronx Zoo
- It comprises one studio, five one-bedroom, 11 two-bedroom, and 12 three-bedroom apartments.
- The building offers investors a steady annual cash flow of $276,515 with $25,947 in delta upside
Property Facts
| No. Units | 30 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 26,400 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1908 |
| Building Class | C | ||
| Zoning | R7-1 - Medium-Density Apartment House District with Lower Parking Requirements. | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 26,400 SF |
| No. Stories | 5 |
| Year Built | 1908 |
| Zoning | R7-1 - Medium-Density Apartment House District with Lower Parking Requirements. |
Amenities
Unit Amenities
- Heating
- Kitchen
- 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+1.5 | 30 | - | 900 |
Property Taxes
| Parcel Number | 03071-0025 | Improvements Assessment | $1,040,826 |
| Land Assessment | $103,500 | Total Assessment | $1,144,326 |
Property Taxes
Parcel Number
03071-0025
Land Assessment
$103,500
Improvements Assessment
$1,040,826
Total Assessment
$1,144,326
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