919 Avenue Saint John, Bronx, NY 10455
919 Avenue Saint John, Bronx, NY 10455
919 Avenue Saint John, Bronx, NY 10455
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 979694

Rental Info No

Year Built 1910

Annual Tax Amount $15,727

Property Sub-Type Multi Family

Source onekey2

Property Description

Calling All Investors, Developers & End-Users!!! 10.08 Cap 8 Unit Bronx Apartment Building For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 9' Ceilings, (6) 3 Br. Apartments, (2) 4 Br. Apartments, 4 Stories, Basement, Large Rear Yard, Skylights, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Longwood Just Off Prospect Ave. Near I-278 (Bruckner Expy.)!!! Neighbors Include Amazon, Verizon, T-Mobile, AT&T, Optimum, Frito Lay, Planet Fitness, Dunkin', Marshall's, Burlington, GNC, NY Expo Center, Dollar Tree, Five Below, Family Dollar, Boost Mobile, McDonald's, White Castle, Popeye's Louisiana Kitchen, Little Caesar's Pizza, Aldi, KFC, +++!!! The Property Has An Assumable Mortgage At 3.75%!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Unit 1 (3 Br. Apt.): $19,800 Ann.; Lease Exp.: 1/31/26.

Unit 2 (3 Br. Apt.): $21,155.16 Ann. Lease Exp.: 7/31/27.

Unit 3 (3 Br. Apt.): $22,734 Ann.; Lease Exp.: 4/30/27.

Unit 4 (4 Br. Apt.): $21,483.60 Ann.; Lease Exp.: 7/31/27.

Unit 5 (3 Br. Apt.): $23,997 Ann.; Lease Exp.: 6/30/27.

Unit 6 (3 Br. Apt.): $20,944.44 Ann.; Lease Exp.: 8/31/26.

Unit 7 (3 Br. Apt.): $20,760.84 Ann.; Lease Exp.: 7/31/27.

Unit 8 (4 Br. Apt.): $22,876.08 Ann.; Lease Exp.: 9/14/27.

Gross Income: $173,751.12 Ann.

Expenses:

Oil: $7,400 Ann.

Electric: $1,300 Ann. (Common Areas Only)

Maintenance & Repairs: $4,000 Ann.

Insurance: $9,000 Ann.

Water & Sewer: $10,280.84 Ann.

Taxes: $15,727 Ann.

Total Expenses: $47,707.84 Ann.

Net Operating Income (NOI): $126,043.28 Ann. (10.08% Cap!!!)

Location

State NY

County Bronx County

Rooms

Basement Unfinished

Interior

Heating Oil

Cooling None

Fireplace No

Exterior

Parking Features On Street

Utilities Available Electricity Available, See Remarks

Total Parking Spaces 6

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by All Island Estates Realty Corp • Richard Matt Shane

NEARBY SCHOOLS & PROPERTIES

Arif Baksh

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.

+1(914) 494-1549

arif@asarealestategroup.com

399 Knollwood Rd, White Plains, NY, 10603-1937, USA

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919 Avenue Saint John