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City Island Ave, Multi-Family Portfolio 5 Multifamily Properties Offered at $3,700,000 in Bronx, NY
INVESTMENT HIGHLIGHTS
- CITY ISLAND
- 8 vacant units . 3 more vacant shortly
- FULLY BRICK
- CONTIGUOUS
EXECUTIVE SUMMARY
Assemblage of five properties along the lovely City Island Avenue.
30 TOTAL UNITS
8 VACANT UNITS
buildings are all three-story, fully brick, full basements
Views of Manhattan, wonderful restaurants, an interesting little museum. City Island Avenue has all the shops, galleries and restaurants are located.
whatsapp me for spread sheet of rents, pictures and videos.
30 TOTAL UNITS
8 VACANT UNITS
buildings are all three-story, fully brick, full basements
Views of Manhattan, wonderful restaurants, an interesting little museum. City Island Avenue has all the shops, galleries and restaurants are located.
whatsapp me for spread sheet of rents, pictures and videos.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (PRO FORMA - 2022) |
ANNUAL |
|---|---|
| Gross Rental Income |
$581,551
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$581,551
|
| Taxes |
$107,000
|
| Operating Expenses |
$118,000
|
| Total Expenses |
$225,000
|
| Net Operating Income |
$356,551
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $581,551 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $581,551 |
| Taxes | |
|---|---|
| Annual | $107,000 |
| Operating Expenses | |
|---|---|
| Annual | $118,000 |
| Total Expenses | |
|---|---|
| Annual | $225,000 |
| Net Operating Income | |
|---|---|
| Annual | $356,551 |
PROPERTY FACTS
| Price | $3,700,000 | Status | Active |
| Price / SF | $154.84 / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9.91% | Total Building Size | 23,895 SF |
| Sale Type | Investment | Total Land Area | 0.31 AC |
| Price | $3,700,000 |
| Price / SF | $154.84 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 9.91% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 23,895 SF |
| Total Land Area | 0.31 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 181 City Island Ave, Bronx, NY 10464 | Multifamily | 5,175 SF | 1925 | - |
| 452 City Island Ave, Bronx, NY 10464 | Multifamily | 4,875 SF | 1928 | - |
| 454 City Island Ave, Bronx, NY 10464 | Multifamily | 4,875 SF | 1928 | - |
| 187 City Island Ave, Bronx, NY 10464 | Multifamily | 4,485 SF | 1925 | - |
| 183 City Island Ave, Bronx, NY 10464 | Multifamily | 4,485 SF | 1925 | - |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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City Island Ave, Multi-Family Portfolio
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