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395 E 151st St 32 Unit Apartment Building $5,640,722 CAD ($176,273 CAD/Unit) 10.77% Cap Rate Bronx, NY 10455
INVESTMENT HIGHLIGHTS
- Elevator access to all floors
- Situated in the Melrose neighborhood, Bronx
- On-site maintenance and management by Stellar Management
- Nearby amenities include parks, playgrounds, eateries, and stores along Courtlandt and Brook Avenues.
EXECUTIVE SUMMARY
A (6) story elevator apartment building consisting of 32 apartments (excluding super’s basement unit) and 6 commercial spaces.
PROPERTY FACTS
| Price | $5,640,722 CAD | Building Class | B |
| Price Per Unit | $176,273 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 36,360 SF |
| Cap Rate | 10.77% | Average Occupancy | 91% |
| No. Units | 32 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium-density residential district for multi-family buildings | ||
| Price | $5,640,722 CAD |
| Price Per Unit | $176,273 CAD |
| Sale Type | Investment |
| Cap Rate | 10.77% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 36,360 SF |
| Average Occupancy | 91% |
| No. Stories | 6 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium-density residential district for multi-family buildings |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Stainless Steel Appliances
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Maintenance on site
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 32 | - | 543 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 02398-0027 | Improvements Assessment | $1,468,234 CAD |
| Land Assessment | $41,211 CAD | Total Assessment | $1,509,446 CAD |
PROPERTY TAXES
Parcel Number
02398-0027
Land Assessment
$41,211 CAD
Improvements Assessment
$1,468,234 CAD
Total Assessment
$1,509,446 CAD
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395 E 151st St
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