Listed by Meridian Capital Group Midtown
$3,450,000
454 & 458 East 144th Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 15,600
Units 22
Cap Rate 6.00%
NOI $106,800
Year Built 1931
Buildings 2
Stories 4
Zoning R6
Investment Type Stabilized
Mott Haven | Two Building Package | 22 Units
Marketing description
Built in 1931, 454 East 144th Street is a 4-story walkup apartment building that has 7,800 SF and includes nine apartments. All nine units are configured as three-bedroom apartments. Located in the Mott Haven Neighborhood of the South Bronx, the property is close to the Hub at 149th Street, many new developments on the South Bronx waterfront, and the 6 Train at 3 Ave – 138 St & 4 Train at 149 St – Grand Concourse.
Listing Contacts
Listed by Meridian Capital Group Midtown
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,800.00
$8,900.00/mo
Valuation Metrics
0
DSCR
3.1%
Cap Rate
3.1%
ROI
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