Listed by Highcap Group
$1,699,000
Mixed Use | Free Market | 7% CAP
Details
Property Type Mixed Use
Sub Type Retail
Square Footage 4,576
Units 3
Cap Rate 7.01%
NOI $119,044
Occupancy 100%
Price per SqFt $371
Lot Size (SqFt) 2,500
Throggs Neck, Bronx
Marketing description
· 2 huge Free market 3-Bedroom Aspartames (Over 1,500 each)
· 4,576 SF ($371/SF)
· Whirlpool Coin operated Washing machine located in each apartment laundry room
· Restaurant/Bar pays 33% of RE Tax and water
· Building is well maintained and excellent rent collection.
Investment highlights
· 2 huge Free market 3-Bedroom Aspartames (Over 1,500 each)
· 4,576 SF ($371/SF)
· Whirlpool Coin operated Washing machine located in each apartment laundry room
· Restaurant/Bar pays 33% of RE Tax and water
· Building is well maintained and excellent rent collection.
Listing Contacts
Listed by Highcap Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$119,044.00
$9,920.33/mo
Valuation Metrics
0
DSCR
7.01%
Cap Rate
7.01%
ROI
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