1008 University Ave, Bronx, NY 10452

Introducing an incredible investment opportunity in the Bronx! Situated at 1008 University Ave, Bronx, NY 10452, this property boasts 3 units within a 2,100 sq ft building, offering a total of 2,075 sq ft. Built in 1930, this property comes with air rights for an additional 5,000 sq ft, presenting endless development possibilities. With a stellar Gross Income of $131,088 and an NOI of $121,389, this property is a lucrative investment option. Tenants cover all utilities, keeping expenses low at just $9,699 annually. Additionally, the property is in an R7-1 zoning area, adding further value to this already desirable asset. Don't miss your chance to own a prime piece of real estate in the thriving Bronx market. Whether you're looking to expand your portfolio or secure a stable income stream, 1008 University Ave presents a compelling opportunity for investors.