Property Details

Overview

Approximately 8.5% CAP rate - $8350/month rental income with all great paying tenants(projected rental $10k/month). Buy, hold, collect rent and waiting for appreciation! Solid brick 3-story multi-family building with C2-1 and R3A zoning on a bustling commercial street in the desirable Throgs Neck neighborhood of the Bronx, this property offers excellent exposure, convenience and a fantastic opportunity to capitalize on the thriving Throggs Neck market. . Spacious units with 3-bedroom over 3-bedroom over bonus 2 room unit, high rental income with strong cash flow, garage parking plus lot parking spaces, 4 electricity meters and 2 gas meters, gas heat plus split units A/C system, one unit features a balcony overlooking the backyard—a rare perk for outdoor relaxation and tenant appeal. Money-printing machine with endless upward potential, ideal for investors or live-in owners looking to maximize returns, excellent investment opportunity for stable cash flow and long-term growth, schedule a viewing today to explore its full potential.