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15960020
15960723

3156 Hull Ave, The Bronx, NY 10467

MD
NY NY 10401339308, FL SL3579350 (+1)
eXp Realty White Plains
Listed by eXp Realty White Plains
$3,950,000
798 days on market
Updated 75 days ago

Bronx, NY: Motivated Seller. Investment opportunity

Details
APN 03349-0018
Property Type Multifamily
Sub Type Apartment Building
Square Footage 21,250
Units 26
Cap Rate 6.63%
NOI $262,026
Occupancy 100%
Price per SqFt $186
Class C
Year Built 1920
Buildings 1
Stories 5
Lot Size (SqFt) 0.114
Investment Type Stabilized
Ownership Fee Simple

Motivated Seller. Investment opportunity nestled in the vibrant Bronx borough of NYC

Marketing description

Welcome to 3156 Hull Ave, a prime investment opportunity nestled in the vibrant Bronx borough of New York City. This well-maintained 26-unit building offers a blend of modern comfort and urban convenience, making it an attractive prospect for investors seeking lucrative returns in the bustling real estate market.

Situated in a strategic location, residents enjoy easy access to a plethora of amenities, including shops, restaurants, parks, and public transportation options, enhancing both the rental appeal and long-term value of the property.

Each unit is thoughtfully designed to provide residents with contemporary living spaces tailored to meet their diverse needs. From cozy studios to spacious multi-bedroom layouts, there’s a perfect home for every lifestyle.

With its solid rental history and potential for further value appreciation, 3156 Hull Ave presents a compelling opportunity for savvy investors looking to expand their portfolio in one of New York City’s most dynamic neighborhoods.

Seize the chance to step into a lucrative investment with ease. This 26-unit gem in The Bronx comes with an assumable mortgage of $2.3 million at an enticing rate of 2.85%. Nestled within the vibrant borough of Bronx, 3156 Hull Ave stands as a beacon of opportunity for astute investors seeking to enhance cash flow and cultivate long-term equity in the bustling real estate landscape. This distinguished multifamily property boasts an impressive footprint, offering approximately 21,250 square feet of versatile floor space. Erected in 1920, the building embodies a rich historical legacy while embracing contemporary comforts and conveniences.

Listing Contacts

MD
NY NY 10401339308, FL SL3579350 (+1)
eXp Realty White Plains
Listed by eXp Realty White Plains

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$262,026.00
$21,835.50/mo

Valuation Metrics

0
DSCR
6.63%
Cap Rate
6.63%
ROI

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Additional Information

Name
Michael D'Ambrosio
License
NY 10401339308
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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