1945 Gleason AVE Active

Bronx,NY 10472

$ 1300000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYH6327685

Year Built 1928

Annual Tax Amount $15,296

Lot Size 2,574 Sqft

Property Description

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. 1943 Gleason Ave is also for sale.

Location

State NY

County Bronx County

Interior

Heating Natural Gas,Radiant

Cooling Wall/Window Unit(s)

Exterior

Garage None

Utilities Available Trash Collection Public

Building

Sewer Public Sewer

Water Public

Schools

Elementary Schools Contact Agent

Middle Schools Call Listing Agent

High Schools Contact Agent

School District Bronx

Others

Special Listing Condition None

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