Listed by Safdie Realty Group
$2,900,000
1550 Bryant Avenue
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,300
Units 9
Cap Rate 7.24%
NOI $210,000
Occupancy 100%
Pro-Forma Cap Rate 8.61%
Pro-Forma NOI $249,644
Price per SqFt $879
Class B
Year Built 1931
Year Renovated 2023
Buildings 1
Stories 3
Zoning R7-1
Bronx Investment Opportunity | 9 Units
Marketing description
Safdie Realty Group is pleased to present, on exclusive retainment to offer for sale 1550 Bryant Avenue, Bronx, NY (“the Property”) newly renovated 3-story walk-up property located in Crotona Park East, Bronx.
1550 Bryant Avenue spans 3,300 square feet consisting of nine (9) free market residential units. Minutes away from the 174th Street Station servicing the 2 & 5 train lines for smooth accessibility throughout Bronx & Manhattan.
For more information reach out directly:
Roni Yaghoobzar
(516) 469-0773
Roni@safdierealtygroup.com
Investment highlights
Newly Gut Renovated Property
9 Free Market Units
Tax Class 2A
2 & 5 Subway Line 5 minutes away
Centrally Located to Fordham University, Hotos College, Bronx College, & Monroe College
Listing Contacts
Listed by Safdie Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo
Valuation Metrics
0
DSCR
7.24%
Cap Rate
7.24%
ROI
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