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915 Eagle Ave 10 Unit Apartment Building $2,500,000 ($250,000/Unit) 6.77% Cap Rate Bronx, NY 10456
Investment Highlights
- Strong Cash Flow
- 35 Year Tax Abatement
- No Capital Expenditures Required
Executive Summary
**Curb Capital LLC** is pleased to exclusively present **915 Eagle Avenue**, a newly constructed 4-story multifamily building located in the heart of Woodstock, Bronx.
Built in 2020, the property is currently in **Year 6 of a 35-year tax abatement**, providing investors with long-term tax savings and strong cash flow. As a newer construction asset, the building requires **no immediate capital expenditures**, making it an ideal turnkey investment.
**Investment Highlights**
* 4-Story Walkup
* 6,762 Gross Square Feet
* 10 Residential Units
* 4 Studio Apartments
* 5 One-Bedroom Apartments
* 1 Two-Bedroom Apartment
* Built in 2020 (New Construction)
* Year 6 of a 35-Year Tax Abatement
* No Deferred Maintenance or Capital Expenditure Requirements
* Prime Woodstock location near the corner of Eagle Avenue & East 163rd Street
* Excellent transportation access, just steps from the Metro-North station and the 2 & 5 subway lines
Built in 2020, the property is currently in **Year 6 of a 35-year tax abatement**, providing investors with long-term tax savings and strong cash flow. As a newer construction asset, the building requires **no immediate capital expenditures**, making it an ideal turnkey investment.
**Investment Highlights**
* 4-Story Walkup
* 6,762 Gross Square Feet
* 10 Residential Units
* 4 Studio Apartments
* 5 One-Bedroom Apartments
* 1 Two-Bedroom Apartment
* Built in 2020 (New Construction)
* Year 6 of a 35-Year Tax Abatement
* No Deferred Maintenance or Capital Expenditure Requirements
* Prime Woodstock location near the corner of Eagle Avenue & East 163rd Street
* Excellent transportation access, just steps from the Metro-North station and the 2 & 5 subway lines
Property Facts
| Price | $2,500,000 | Building Class | B |
| Price Per Unit | $250,000 | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 6,762 SF |
| Cap Rate | 6.77% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium Density Residential. Permits multifamily use. 421-a tax abatement in place. | ||
| Price | $2,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 6,762 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2018 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium Density Residential. Permits multifamily use. 421-a tax abatement in place. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
| 1+1 | 5 | - | - |
| 2+2 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02620-0035 | Improvements Assessment | $555,112 |
| Land Assessment | $31,238 | Total Assessment | $586,350 |
Property Taxes
Parcel Number
02620-0035
Land Assessment
$31,238
Improvements Assessment
$555,112
Total Assessment
$586,350
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915 Eagle Ave
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