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22018232
13540436

1380 White Plains Rd, The Bronx, NY 10462

RC
NY 40CO0983987
Besen Partners
HS
NY 10401381552
Besen Partners Real Estate Solutions
Listed by Besen Partners, Besen Partners Real Estate Solutions
$3,350,000
953 days on market
Updated 8 days ago

1380 White Plains Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 34,875
Units 45
Cap Rate 10.9%
NOI $365,000
Occupancy 95%
Price per SqFt $96
Year Built 1927
Buildings 1
Stories 5
Lot Size (SqFt) 7,875
Zoning R6
Investment Type Core+

Multifamily | 45 Units | $74,444/unit

Marketing description

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 1380 White Plains Road, Bronx, NY 10462 (the “Property”) located in the Parkchester neighborhood of The Bronx.

Built circa 1927, this 5-story walk-up residential building consists of 37 apartments and 4 stores spanning 34,875± SF. The property is located on White Plains Road between Wood Avenue and McGraw Avenue, just a few short blocks from the Parkchester subway station on the [6] line. The property is in close proximity to the Bronx Zoo, New York Botanical Garden, and Jacobi Health Center.

Investment highlights

Besen Partners, as exclusive agent for Ownership, is pleased to offer for sale 1380 White Plains Road, Bronx, NY 10462 (the “Property”) located in the Parkchester neighborhood of The Bronx.

Built circa 1927, this 5-story walk-up residential building consists of 37 apartments and 4 stores spanning 34,875± SF. The property is located on White Plains Road between Wood Avenue and McGraw Avenue, just a few short blocks from the Parkchester subway station on the [6] line. The property is in close proximity to the Bronx Zoo, New York Botanical Garden, and Jacobi Health Center.

Listing Contacts

RC
NY 40CO0983987
Besen Partners
HS
NY 10401381552
Besen Partners Real Estate Solutions
Listed by Besen Partners, Besen Partners Real Estate Solutions

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$365,000.00
$30,416.67/mo

Valuation Metrics

0
DSCR
10.9%
Cap Rate
10.9%
ROI

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