83 East 234th Street is a 24 x 74 ‘ multi family 7 family building situated within the Wakefield section of the North West Bronx. Situated on the Northerly side of 234th Street, it is located just 1/2 block away from White Plains road. It consists of 7 spacious one and two bedroom apartments, (5 one Br 2 two Br) Driveway and garage. It is one block away from the 2 and 5 train lines, and is surrounded by major arterial roadways i.e. The Bronx River Parkway, Cross County parkway, and The New York State Thruway. The property demonstrates current income worthy of a 5% cap rate with substantial upside; not only in potential rental income but the untapped potential of almost 6,000 square feet of unused air rights!! For additional information call Vagan at 917-416-3149
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