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253 E 206th Street Bronx, NY 10467
$3,100,000
  • Commercial
  • Year Built 2019
  • Multi Family
  • ML# 884770

Property Details

Overview

10-Unit Multifamily – Norwood, Bronx Owner Financing – Just 15% Down Below-Market Rents – High UpsideOutstanding investment opportunity in the heart of Norwood, Bronx — this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden.Owner Financing Available – Just 15% Down!Finance up to 85% of the purchase price5.75% fixed interest rateSkip the banks – flexible seller-backed termsProperty Highlights:10 residential units with strong rental demandRents are well below market – unlock major income potentialPrime Bronx location near transit, Montefiore Medical Center, and commercial corridorsQuiet, residential block in a rapidly appreciating neighborhoodPerfect for value-add investors, 1031 exchanges, or long-term hold strategiesThis is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.

Key Facts

  • Lot Size: 0.0643
  • Lot Sq Ft: 2800
  • Taxes: $34,622
  • Sale or Rent: Sale

Additional Features

  • Construction Materials: Brick

Interior & Utilities

  • Heat: Natural Gas
  • A/C: None
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $34,622
Listing Information provided courtesy of Blue Brick Real Estate  718-614-8349
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