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Property Description

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.

Features
Heating System:
Radiant, Natural Gas
Cooling System:
Wall/window Unit(s)
Basement:
Finished, Full
Appliances:
Gas Water Heater
Parking Features:
No
Sewer:
Public Sewer
Utilities:
Trash Collection Public
Address Map
City:
NY
State:
NY
County:
Bronx County
Directions:
PARKCHESTER Section: from Brucker Expressway to Bruckner Blvd. Go to White Plains Rd make a right onto Gleason Ave. (between Virginia Ave. and Pugsley Ave.)
Property and Construction
Elementary School:
Contact Agent
High School:
Contact Agent
Agent MlsId:
26016
Office MlsId:
KWRNYC
MiddleOrJunior School:
Contact Agent
Number Of Units:
6
Tax Annual Amount:
$15,296
Water Source:
Public
PhotosCount:
1

Commercial Sale For Sale

1945 Gleason Avenue, New York, NY

4,320 Sqft
$1,295,000
Listing ID #H6327685
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
H6327685
Price :
$1,295,000
Bathrooms Total :
0
Square Footage :
4,320 Sqft
Building Area :
4,320 Sqft
Lot Area :
0.06 Acre
Year Built :
1928
Status :
Active
Status :
Active
Listing Office :
Keller Williams Realty NYC Grp
Listing Agent :
Kenneth Fuentes
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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