Woodlawn Heights - Bronx
Multi-Family Investment Opportunity - Access to Transportation, Parks and Amenities
Marketing description
Presenting a prime investment opportunity at 501 E 234th St in the desirable Woodlawn Heights neighborhood. This 1928-built multi-family property boasts 43 units spread across 43,000 sq ft, offering significant income potential. The property is competitively priced at $8.6 million, a valuation supported by comprehensive market analysis and discounted cash flow projections. With robust net operating income and promising upside potential, this property represents a lucrative investment or an ideal choice for a 1031 exchange. Situated in a vibrant area with strong demographic trends and a thriving rental market, this is a chance to secure a quality asset in a sought-after location. Perfect for 1031 Exchange.
Investment highlights
Prime investment opportunity at 501 E 234th St in Woodlawn Heights.
Multi-family property built in 1928 with 43 units.
Total square footage of the property is 43,000 sq ft.
Priced at $8.6 million, offering income potential.
Excellent Collection Rate.
Valuation supported by comprehensive market analysis and discounted cash flow projections.
Robust net operating income and promising upside potential.
Ideal for a lucrative investment or a 1031 exchange.
Located in a vibrant area with strong demographic trends.
Thriving rental market in the neighborhood.
Opportunity to secure a quality asset in a sought-after location
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