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Multi Family 5+ in Bronx
MLS Number6327685
Address1945 Gleason Avenue, BRONX, NY 10472 show map
Price$1,300,000 show mortgage calculator
Acres0.059090909090909
Year Built1928
Est. Sq. Footage4320
Elementary SchoolCall Listing Agent
Jr High-Middle SchoolCall Listing Agent
High SchoolCall Listing Agent
Estimated Taxes$15,296
Total Apt Units6
# 1 Brs4
# 2 Brs2
Remarks

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.

Amenities

This listing is Courtesy of Keller Williams Realty NYC Grp (718-697-6800).

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