Property Details

Overview

Prime 28-Unit Investment Opportunity in Williamsbridge, BronxLocated in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange.All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included.Additional features include:Digital video intercoms in each unitInterior & exterior surveillance cameras24 outdoor parking spacesLow operating expensesNOI: $705, 068 Net Cap Rate: 6.1%This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.