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821 Manida St 2 Unit Apartment Building Offered at $900,000 at a 8.29% Cap Rate Bronx, NY 10474
Executive Summary
ARG has been exclusively retained to arrange the sale of 821 Manida St, a
landmarked 2-family home delivered fully vacant. The property features
massive 5BR and 4BR layouts, a full finished basement, and a prime location
just two blocks from the Hunts Point Ave 6 train. This offering presents a rare
turnkey or high-upside opportunity for an end-user or investor to set market-rate
rents in a highly desirable South Bronx pocket.
landmarked 2-family home delivered fully vacant. The property features
massive 5BR and 4BR layouts, a full finished basement, and a prime location
just two blocks from the Hunts Point Ave 6 train. This offering presents a rare
turnkey or high-upside opportunity for an end-user or investor to set market-rate
rents in a highly desirable South Bronx pocket.
Property Facts
| Price | $900,000 | Property Type | Multifamily |
| Price Per Unit | $450,000 | Building Size | 2,500 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 8.29% | Year Built | 1901 |
| Gross Rent Multiplier | 10 | Opportunity Zone |
Yes
|
| No. Units | 2 | ||
| Zoning | R6 (Landmarked) | ||
| Price | $900,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| Cap Rate | 8.29% |
| Gross Rent Multiplier | 10 |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,500 SF |
| No. Stories | 2 |
| Year Built | 1901 |
| Opportunity Zone |
Yes |
| Zoning | R6 (Landmarked) |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
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821 Manida St