UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 895571
Rental Info No
Year Built 1926
Annual Tax Amount $13,174
Lot Size 8,524 Sqft
Acres 0.1957
Property Sub-Type Mixed Use
Source onekey2
Property Description
The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting.
Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses.
A high-yield, low-maintenance asset with upside potential in a growing corridor.
Location
State NY
County Bronx County
Rooms
Basement Unfinished
Interior
Heating Natural Gas, Radiant, Steam
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Fence Fenced
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Building
Sewer Public Sewer
Water Public
Structure Type Stone
Others
Special Listing Condition None
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.