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707 E 189th St
Bronx, NY 10458
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Solid brick construction
- Conveniently located steps from Fordham University Campus
- Located near the Bronx Zoo
- Parking space for three vehicles
- Located near the Botanical Gardens
- Close proximity to major highways
Executive Summary
Welcome to 707 E 189th Street. Legal 5 Family Building with a spacious finished basement with separate entrance. Solid brick building. Unit 1# offers a 2BR 1BA unit paying $1,600, Unit 2# 1BR 1BA unit paying $1,800, Unit 3# Studio paying $2,500, Unit 4# 1BR 1BA unit paying $1800, Unit 5# Studio paying $1,650, parking for 3 cars. Conveniently located few steps from Fordham University Campus, Botanical Gardens, The Bronx Zoo, The Fordham Rd Metro North Station, Subway lines #4,#D, &# 2, close to major highways, and Fordham Rd Shopping Hub.
Property Facts
| Price Per Unit | $299,800 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 3,675 SF |
| No. Units | 5 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1931 |
| Apartment Style | Low-Rise | Parking Ratio | 0.82/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C8-1 - R6 Zoning, with unused air rights. Might be able to convert to 7-8 Units. Consult with your own arichtect. | ||
| Price Per Unit | $299,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,675 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1931 |
| Parking Ratio | 0.82/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C8-1 - R6 Zoning, with unused air rights. Might be able to convert to 7-8 Units. Consult with your own arichtect. |
Amenities
Site Amenities
- Vintage Building
- Public Transportation
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 03091-0097 | Improvements Assessment | $153,543 |
| Land Assessment | $1,442 | Total Assessment | $154,985 |
Property Taxes
Parcel Number
03091-0097
Land Assessment
$1,442
Improvements Assessment
$153,543
Total Assessment
$154,985
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