Listed by IPRG Investment Property Realty Group
$1,650,000
15 Gouverneur Place
Details
Property Type Retail, Mixed Use
Sub Type Commercial
Square Footage 8,133
Units 11
Cap Rate 8.42%
NOI $138,873
Price per SqFt $203
Zoning M1-1/R7-2, MX-7
Retail | 8.42% CAP | 8,133 SqFt
Marketing description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 15 Gouverneur Place, a corner mixed-use property located at the intersection of Gouverneur Place and Washington Avenue in the Morrisania section of the Bronx.
The asset consists of 10 residential units and 1 ground-floor deli, offering strong retail exposure along both Gouverneur Place and Washington Avenue. The residential portion is comprised of six two-bedroom units and four one-bedroom units.
The property is conveniently located within walking distance to the 2, 5, and D subway lines, providing excellent access to public transportation and making it an attractive option for both tenants and investors alike.
Investment highlights
Listing Contacts
Listed by IPRG Investment Property Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,873.00
$11,572.75/mo
Valuation Metrics
0
DSCR
8.42%
Cap Rate
8.42%
ROI
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