For Sale: FREE MARKET Multifamily

1022 East 219th Street, The Bronx, NY, 10469
$1,600,000

Description

ERG Commercial Real Estate is pleased to present this 3 story multifamily building comprised of (2) one bedroom apartments, (1) three bedroom apartment, (1) studio apartment and (1) two bedroom apartment totaling 5 apartments.  There is a two car garage located on the side of the building that is leased out.  The building has newly upgrades to the infrastructure including new electrical meter pans and meters, new gas boiler, new hot water hearers, new windows and new roofs on the building and car garage.

Property Documents

Detail

  • Price: $1,600,000
  • Building Size: 3000 SF
  • Lot Size: 2614 SF
  • Garage: 2
  • Property Type: Multi-Family
  • Property Status: For Sale
  • Property Tax Amount: $7,118
  • Block: 4701
  • Lot: 43
  • Zoning: R4
  • Property Stories: 3
  • Residential Units: 5
  • Annual Income: $139,332
  • Total Expenses: $25,770
  • NOI: $113,562
  • Cap Rate: 7%
  • Address: 1022 E 219th Street
  • City: Bronx
  • Zip/Postal Code: 10469
  • Country: United States

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All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.