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1943 Gleason Avenue Bronx, NY 10472
$1,295,000
  • Commercial
  • 4320 SqFt
  • Year Built 1928
  • Multi Family
  • ML# H6327566

Property Details

Overview

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1945 Gleason is also for sale.

Key Facts

  • SqFt: 4320.00
  • Lot Size: 0.0591
  • Lot Sq Ft: 2574
  • Taxes: $15,296
  • Sale or Rent: Sale
  • School District: Contact Agent

Additional Features

  • Parking Facilities: None

Interior & Utilities

  • Heat: Natural Gas, Radiant
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $15,296
Listing Information provided courtesy of Keller Williams Realty NYC Grp  718-697-6800
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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Cell: (516) 298-5382
Contact

JUDY FRUITBINE

Licensed Associate Real Estate Broker

Cell: (516) 298-5382 Email: jfruitbine@aol.com