Skip To Content

235-241 E 173rd Street

Bronx, NY 10457
  • $3,600,000
  • STATUS: Active
  • MLS #: H6173038
UPDATED: 60 min ago
$3,600,000
  • 21
    BEDS
  • 0.02
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 2,565
    SQFT
  • $1,404
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Investors' delight! 4 brick 3 family homes with a total of 12 units, Package deal designed for savvy investors (8 three bedrooms apartments and 4 two bedrooms apartments) fully rented with steady cash flow. Buildings can also be purchased separately: MLS numbers #6172983, #6173023, #6173027 & #6173031. Enjoy unlimited cash flow when you own these unique stainless properties. Enjoy an unusually low property tax on the entire 4 houses for only $1,200 per annum as 25yrs tax abatement still exists, with 10 more years to go. Also, many of the apartments are currently rented below market value, offering room for increased yearly income. Each property features a 3-bedroom apartment, over 3 bedroom apartment, over 2 bedroom apartment on the walk-in level, with access to the backyard, with separate utilities. Tenants pay all utilities except water. Current total Annual income is $245,280($20,440 Monthly). Annual Expenses: Insurance - $10,700, Water & Sewage - $12,000, Maintenance - $3,000, property tax - $1,200. Net Operating Income: $219,580. CAP RATE - 17.8%(approx.). Let's do this!

Monthly Payment Calculator



© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties. Data last updated: 2022-10-04T22:17:36.763.
www.hudsonvalleyshometeam.com/homes/126862697
Print Image

235-241 E 173rd Street Bronx, NY 10457

  • Price: $3,600,000
  • Status: Active
  • On Site: Days
  • Updated: 60 min ago
  • MLS #: H6173038
21
Beds
8
Baths
0
½ Baths
0.02
Acres
2,565
SQFT
$1,404
$/SQFT
2006
Built
Neighborhood:
Bronx
County:
Bronx
Area:
Bronx
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
City Of New York
Property Description
Investors' delight! 4 brick 3 family homes with a total of 12 units, Package deal designed for savvy investors (8 three bedrooms apartments and 4 two bedrooms apartments) fully rented with steady cash flow. Buildings can also be purchased separately: MLS numbers #6172983, #6173023, #6173027 & #6173031. Enjoy unlimited cash flow when you own these unique stainless properties. Enjoy an unusually low property tax on the entire 4 houses for only $1,200 per annum as 25yrs tax abatement still exists, with 10 more years to go. Also, many of the apartments are currently rented below market value, offering room for increased yearly income. Each property features a 3-bedroom apartment, over 3 bedroom apartment, over 2 bedroom apartment on the walk-in level, with access to the backyard, with separate utilities. Tenants pay all utilities except water. Current total Annual income is $245,280($20,440 Monthly). Annual Expenses: Insurance - $10,700, Water & Sewage - $12,000, Maintenance - $3,000, property tax - $1,200. Net Operating Income: $219,580. CAP RATE - 17.8%(approx.). Let's do this!
Exterior Features

Construction Materials Brick Garage YN No Lot Features LevelNear Public Transit Parking Features On Street

Interior Features

Basement None Cooling Window Unit(S) Cooling YN Yes Flooring Hardwood Heating Natural GasBaseboard Interior Features Master Downstairs Numberof Heating Zones 12 Window Features Skylight(S)

Property Features

Property Attached YN Yes Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 1200.00 Water Source Public

Listing courtesy of Danny Agboh of Charles Rutenberg Realty, Inc.: 718-994-4002
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties. Data last updated: 2022-10-04T22:17:36.763.
 
https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_H6173038-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_H6173038-2.jpg https://bt-photos.global.ssl.fastly.net/wpmls/orig_boomver_1_H6173038-2.jpg
Logo
The Home Team | Berkshire Hathaway HomeServices Hudson Valley Properties
892 Main St.
Fishkill NY, 12524