Listed by Highcap Group
$3,300,000
FREE MARKET MIXED USE | 7.1% cap
Details
Property Type Mixed Use
Sub Type Residential walk up
Square Footage 6,386
Cap Rate 7.09%
NOI $234,129
Occupancy 100%
Price per SqFt $517
Broker Co-Op Yes
Lot Size (SqFt) 4,656
PRIME MOTT HAVEN, SOUTH BRONX | 6,386 SF
Marketing description
Busy location on the Avenue, 2 blocks from the 6 subway station
Mixed-Use Building with 6,500 SF, 2 Free Market Apartments & 1 Store
Vacant 4,200 SF Retail store + 2,500 SF Basement, can be divided
Gross Income: $289k, Net Income: $234k (with projected store) (7.1% CAP)!
Investment highlights
Busy location on the Avenue, 2 blocks from the 6 subway station
Mixed-Use Building with 6,500 SF, 2 Free Market Apartments & 1 Store
Vacant 4,200 SF Retail store + 2,500 SF Basement, can be divided
Gross Income: $289k, Net Income: $234k (with projected store) (7.1% CAP)!
Listing Contacts
Listed by Highcap Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$234,129.00
$19,510.75/mo
Valuation Metrics
0
DSCR
7.09%
Cap Rate
7.09%
ROI
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