Listed by Voro LLC
$2,150,000
915 Eagle Avenue
Details
APN 02620-0035
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 10
NOI $190,000
Year Built 2018
Acreage 0.072
Zoning R6
Multifamily | 10 Units
Marketing description
Presenting 915 Eagle Ave, a rare opportunity to acquire a fully stabilized, 10-unit multi-family property in the heart of the Bronx. Built in 2018, this newer construction building offers immediate cash flow with 100% occupancy and a strong NOI at $190K - yielding a 7.6% cap rate. Property features 4 studio units, 5 one-bedroom/one-bathroom units, and 1 two-bedroom/two-bathroom unit totaling 6,762 SF. All units feature hardwood floors and full kitchens, appealing to a broad tenant base with consistent rental demand. Additional benefits include a 35-year 421-a Real Estate Tax Abatement, providing significant tax savings and enhancing investment returns. Perfect for 1031 exchange investors seeking turnkey, cash-flowing assets with tax advantages. Rare find in today's market.
Listing Contacts
Listed by Voro LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,000.00
$15,833.33/mo
Valuation Metrics
0
DSCR
8.84%
Cap Rate
8.84%
ROI
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