New Construction High CAP Bronx Investment Property for Sale. Completed CFO in 2018. The building is located adjacent to a tree lined block filled with townhouses. This development includes luxury style apartments in an up and coming neighborhood. The building has 7 residential and 3 commercial units. All tenants pay for their own gas and electric. They have tankless boilers inside every apartment. Very energy efficient building. Commercial Units have a 10 Year Lease. Total Income from these residential & commercial units is $278,400. The local transportation includes B/D/4 train and BX32 bus. Walk up building. This will go fast. Income: $278,400 Expenses: $78,260 NOI: $200,140 Lot: 25 x 95 ft Bld: 25 x 95 ft FAR 3.44; MAX FAR: 4.8 Yearly Taxes: $59,100 Zoning: R7-1, C2-4 Send your offers! This is a great CAP play on a brand-new building! OM is available upon request.
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