Properties For Sale or Rent
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Property Description
PLEASE EMAIL OFFERS TO MSOLER@SOLERREALTYNYC.COM
This expansive 5-family building, located in the Bronx, boasts over 6,000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection.
There’s additional potential to convert the units into more bedrooms, maximizing rental income given the property’s large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don’t miss this chance to make a great return!
Features
- Heating System:
- Radiant, Natural Gas
- Cooling System:
- Wall/window Unit(s)
- Appliances:
- Gas Water Heater
- Parking Features:
- Other
- Sewer:
- Public Sewer
- Utilities:
- Trash Collection Public
Address Map
- City:
- NY
- State:
- NY
- County:
- Bronx County
Property and Construction
- Elementary School:
- Contact Agent
- High School:
- Contact Agent
- Agent MlsId:
- 25050
- Office MlsId:
- SOLERR
- MiddleOrJunior School:
- Contact Agent
- Number Of Units:
- 5
- Tax Annual Amount:
- $16,950
- Water Source:
- Public
- PhotosCount:
- 23
Commercial Sale For Sale
1119 Morris Avenue, New York, NY
13 Bedrooms
6,401 Sqft
$1,650,000
Listing ID #H6332951
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Multi Family
- Listing ID :
- H6332951
- Price :
- $1,650,000
- Bedrooms :
- 13
- Bathrooms Total :
- 0
- Square Footage :
- 6,401 Sqft
- Building Area :
- 6,401 Sqft
- Lot Area :
- 0.08 Acre
- Year Built :
- 1927
- Status :
- Active
- Status :
- Active
- Listing Office :
- Soler Realty
- Listing Agent :
- Marcus E. Soler
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
