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About the Listing CBE01 - 176463
Calling All Investors, Developers & End-Users!!! 8.7 Cap New 10 Unit Bronx Apartment Building Near University Ave. For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 8’ Ceilings. Large Rear Yard, Sprinklers, 6 Parking Spaces, 4 Stories, 3 Phase Power All New LED Lighting, A/C, +++!!! The Property Is Located IN the Heart Of The Bronx Between I-278 & The Grand Concourse!!! The Building Is Situated Between University Ave. & Jerome Ave. Near Bronx Community College!!! This Building Was Built In 2022 & Has A 421-A Tax Abatement Until 2060!!! Neighbors Include Yankee Stadium, The Bronx Zoo, Chase Bank, USPS, Planet Fitness, AutoZone, Dunkin’, Montefiore Medical Center, Saint Barnabas Hospital. H & R Block, Total Wireless, McDonald’s, Taco Bell, Domino’s, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!! Income: Unit 1A: $26,472 Ann. Unit 1R: $27,336 Ann. Unit 2A: $27,336 Ann. Unit 2B: $25,896 Ann. Unit 2C: $26,940 Ann. Unit 3A: $25,896 Ann. Unit 3B: $25,920 Ann. Unit 3C: $27,300 Ann. Unit 4A: $29,400 Ann. Unit 4B: $26,940 Ann. Gross Income: $269,439 Ann. Expenses: Electric: $2,403 Ann. Insurance: $6,250 Ann. Water & Sewer: $3,200 Ann. Internet: $1,080 Ann. Taxes: $3,600 Ann. Total Expenses: $16,533 Ann. Net Operating Income (NOI): $259,906 Ann. (8.7% Cap!!!)
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Multi Units
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: See Remarks
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $309
- Taxes w/Assessments: N/A
- Tax/Property ID: 03194-0046
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2097 Davidson Ave Bronx, NY 10453
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