Listed by RIPCO Real Estate
$3,600,000
1838 Westchester Avenue
Details
APN 3765-45
Property Type Mixed Use
Sub Type Storefront, Apartment Building
Square Footage 5,852
Units 6
NOI $235,102
Occupancy 100%
Tenancy Multi
Year Built 1920
Stories 3
Lot Size (SqFt) 2,550
Zoning R5, C2-2
Investment Type Stabilized
Multifamily | 6 Units
Marketing description
Fully Leased, Mixed-Use, 6-Unit Building Available for Sale at 1838 Westchester Avenue, Parkchester, Bronx 10472. Located on the southwest corner of Westchester and Thieriot Avenues.
Investment highlights
- 6-unit building comprised of two (2) storefronts and four (4) free-market apartments.
- Great visibility. Asset is conveniently located in the high foot and vehicular traffic area.
- Property generates strong cash flow with future end-user retail potential.
- Corner fully leased mixed-use building.
Listing Contacts
Listed by RIPCO Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$235,102.00
$19,591.83/mo
Valuation Metrics
0
DSCR
6.53%
Cap Rate
6.53%
ROI
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Property History
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