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32034459
32034448

915 Eagle Avenue, The Broxnx, NY 10456

Voro LLC
Voro LLC
Listed by Voro LLC
$2,150,000
45 days on market
Updated 25 days ago
Opportunity zone

915 Eagle Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,762
Net Rentable (SqFt) 6,762
Units 10
Cap Rate 8.87%
NOI $190,663
Occupancy 100%
Tenancy Single
Rent Bumps No
Pro-Forma Cap Rate 10.49%
Pro-Forma NOI $225,600
Price per SqFt $318
Class B
Year Built 2018
Buildings 1
Lot Size (SqFt) 3,125
Zoning R6
Investment Type Stabilized
Sale Condition 1031 exchange

100% occupied | 8.8% cap rate

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 8.8% 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.

Investment highlights

  • Fully stabilized
  • 10-unit multi-family property in the heart of the Bronx
  • Built in 2018
  • NOI at $190K
  • 8.8% cap rate
  • 4 studio units
  • 5 one-bedroom/one-bathroom units
  • 1 two-bedroom/two-bathroom
  • Total of 6,762 SF
  • 35-year 421-a Real Estate Tax Abatement

Listing Contacts

Voro LLC
Voro LLC
Listed by Voro LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,663.00
$15,888.58/mo

Valuation Metrics

0
DSCR
8.87%
Cap Rate
8.87%
ROI

Map

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Additional Information

Name
Daniel Shamooil
License
166926
Brokerage
Voro Real Estate
Brokerage Phone
5162506131
Title
Real Estate Broker
Brokerage Address
1129 Northern Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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