Listed by Hillstone Properties NY
$5,950,000
New Construction Building/ INVESTOR VALUE- ADD OPPORTUNITY
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,482
Units 16
Cap Rate 7.63%
NOI $453,940
Class D
Year Built 2024
Buildings 1
Stories 8
Zoning R8
Investment Type Value Add
New Construction Building | Fully Rented | Income-Producing Property
Marketing description
Property Information: Newly constructed 16-unit up for sale, a structured 8-story elevator building.
19 East 204 Street, Bronx, Ny 10468
Block 3311/ Lot 7
Total units: 16 (15/ 1bdr, 1/2bdr)
The property is vacant,
Ownership has already received TCO.
Listing Contacts
Listed by Hillstone Properties NY
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$453,940.00
$37,828.33/mo
Valuation Metrics
0
DSCR
7.63%
Cap Rate
7.63%
ROI
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