Listed by FIND Real Estate
$2,300,000
1755 Taylor Avenue
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 6,200
Units 8
Cap Rate 6.58%
NOI $151,390
Tenancy Single
Lease Expiration 08/30/2027
Remaining Term 1.1
Rent Bumps Yes
Price per SqFt $371
Broker Co-Op Yes
Class C
Year Built 1929
Year Renovated 2025
Buildings 1
Stories 4
Lot Size (SqFt) 2,178
Zoning R5
Sale Condition For sale by owner
Mixed Use | 6.58% CAP | 6,200 SqFt
Marketing description
Corner of Morris Park and Taylor Ave
6,200 SF
Units: 8 apartments, 1 store, 2 garages
Lot size: 25' x 95'
Zoning R5
4 stories
FAR: 2.94
Newly renovated
Cap rate: 6.5%
Income:
Garage APX: $700/month
Units: see attached
Expenses:
Heating & utilities $14,000
Insurance: $6,500
Taxes: $20,740.82
Water/sewage: $6,516
Asking price: $2.3M
Investment highlights
Prime corner Bronx value-add or redevelopment mixed-use opportunity nearby subway. All utilities newly upgraded. MAKE AN OFFER1
Listing Contacts
Listed by FIND Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$151,390.00
$12,615.83/mo
Valuation Metrics
0
DSCR
6.58%
Cap Rate
6.58%
ROI
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