HUGE Well-Maintained 8 Family by Saint Barnabas Hospital & blocks to Fordham University; Excellent Cash Flow; Many Improvements; (5) 3 Brms, (3) 4 Brms over Bsmt Workshop/Storage; New Dual Boiler offers option to burn Gas or Oil, (2) New 75 Gallon Hot Water Heater, New Upgraded Electrical Service with New Meters and New Electrical Lines Throughout Bldg & Apts; New Front Entry Door, New Intercom System, New 24 Hour Video Security Surveillance System, MCI complete and approved so upon Lease Renewals, ALL Unit Rents will Increase by Permissible Legal Renewal Percentage +PLUS+ additional MCIâs $19 per/Room per/Unit (since Units are 4-5 Brms each, that part of the Rent Increase would equate to $76-$95 per/Unit); Whatâs more, J51 Partial Tax Abatement is complete but waiting Final Approval; ALL Building and Tax Department requested docs submitted so although Real Estate Tax is Currently $11,911 itâs estimated to reduce to about $5,955 for the next 14 years; Will Sell FAST⦠$2,300,000 Firm!!!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
