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Investment Highlights

  • Gated community
  • Community waterfront deck
  • Tenants paying all bills except water
  • Water view
  • Luxury amenities

Executive Summary

LUXURY WATERFRONT Mediterranean Villa-style. 2 family home in an EXCLUSIVE GATED COMMUNITY. Enjoy unobstructed views of the sun’s ray’s dancing on the East River during the day, and candlelight like illumination from the Whitestone Bridge at night. Great waterfront infinity deck and a large common yard. The top unit is a 2 BR / 2 bath with cathedral ceilings and skylights. The 1st fl. unit is a 2 BR, 1 bath over a 3rd large bedroom with 2nd full baths, laundry room, parking garage and driveway. Amenities’ include terra-cotta roof tiles, private balconies, custom wood cabinetry, stainless steel range, refrigerator, and dishwasher, granite countertops, hardwood floors, Jacuzzi bathtubs, central HVAC, and a private backyard. 43 Min. to Wall Street via the new Soundview ferry stop. LOW TAXES- LESS THAN $2K ANNUALLY. LOW MAINTENANCE ONLY $583.56 WITH TENANTS PAYING ALL UTILITIES. ASSUMABLE MORTGAGE @ 4% ONLY - APPROXIMATELY $538K as of 11/1/25 (P&I $2,954.01 monthly); must be corp. entity and approved by the lender. NOTE AND AMORTIZATION TABLE AVAILABLE. AE flood Zone - $996 annual premium.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $84,209 $27.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $84,209 $27.45
Taxes $2,483 $0.81
Operating Expenses $2,727 $0.89
Total Expenses $5,211 $1.70
Net Operating Income $78,998 $25.75

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $84,209
Annual Per SF $27.45
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $84,209
Annual Per SF $27.45
Taxes (CAD)
Annual $2,483
Annual Per SF $0.81
Operating Expenses (CAD)
Annual $2,727
Annual Per SF $0.89
Total Expenses (CAD)
Annual $5,211
Annual Per SF $1.70
Net Operating Income (CAD)
Annual $78,998
Annual Per SF $25.75

Property Facts

Price $1,295,477 CAD
Price Per Unit $647,738 CAD
Sale Type Investment
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Lot Size 0.05 AC
Building Size 3,068 SF
Average Occupancy 100%
No. Stories 3
Year Built 2011
Parking Ratio 0.65/1,000 SF
Cross Streets Turneur Ave
Opportunity Zone Yes
Zoning R-4

Amenities

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Picnic Area
  • Gas Range
  • Planned Social Activities
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 $3,341 CAD 1,000
3+1 1 $3,676 CAD 1,500
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
03487-0140
Land Assessment
$1,913 CAD (2026)
Improvements Assessment
$11,978 CAD (2026)
Total Assessment
$13,892 CAD (2026)
Annual Taxes
$2,483 CAD ($0.81 CAD/SF)
Tax Year
2024
  • Listing ID: 38373990

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 260 Zerega Ave, Bronx, NY 10473

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