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4116-4118 Carpenter Ave
Bronx, NY 10466
Multifamily Property For Sale
·
62 Units
Investment Highlights
- Easy Acces to Highways and Public Transportantion
- Well kept Original tile lobby and stairwells
- Quiet and safe Neigborhood
- A block away form Montefiore Hospital
- Large Courtyard -- Steel and glass Entrance
- Management has kept the building in good operational condition
Executive Summary
DESCRIPTION:
This investment offers a well-maintained 5-story walk-up building, featuring an original lobby, marble stairwell, and updated systems, including a 5,000-gallon dual-fuel capable boiler, and a 9-camera surveillance system. Recent unit renovations, Silver-coat rubber roof. Ideally situated within walking distance to shopping, restaurants, trains, buses, and major highways."
OVERVIEW:
4116-4118 Carpenter Avenue contains 63 residential apartments (Including the superintendent assigned Unit). The building features 36 one-bedroom units, 15 two-bedroom units, and 2 three-bedroom units.
LOCATION:
Wakefield neighborhood of The Bronx, precisely on the 230th corner of Carpenter Avenue, this property enjoys a central location that defines convenience and quick access to daily activities.
RESIDENTIAL UNITS:
Recently renovated units, Wood floors, Lead testing, and Building Mechanicals have been well maintained by management, ensuring a comfortable and smooth tenant experience and transfer of ownership.
TRANSPORTATION:
Excellent access to public transportation, with nearby subway stations including the #2 Train and #5 Train. Additionally, Bronx River Parkway Bus stops BX31, BX39, and Bxm11 make commuting a breeze, enhancing convenience for residents and adding value to the property.
SHOPPING AND RESTAURANTS:
Vibrant commercial artery along White Plains Road on 233rd Street, where access to a variety of shopping options and a diverse culinary tapestry awaits. Residents can indulge in various cuisines and shopping experiences, adding to the allure of the neighborhood.
DEMOGRAPHICS:
This vibrant community with diverse demographics, fosters a rich tapestry of cultures and backgrounds. The vibrant mix of residents contributes to a dynamic and welcoming atmosphere.
IN SUMMARY:
4116-4118 Carpenter Avenue represents a prime investment opportunity with its central location, renovated residential units, and excellent transportation accessibility. Whether you're looking for a residence or considering an investment, this property stands as a solid real estate asset in The Wakefield neighborhood, promising a harmonious blend of comfort and convenience for residents as well as new ownership.
OVERVIEW:
BLOCK & LOT: 04832-0070
LOT SIZE: 13,285 sf
LOT DIMENSIONS: 126ft Wide X 104ft Deep
BUILDING SIZE: 50,830 sf
BLDG. DIMENSIONS: 126ft Wide X 94ft Deep
STORIES: 5
ZONING: R6-A
FAR AS BUILT: 3.00
YEAR BUILT: 1827
PROJECTED INCOME: $999,549.12
ESTIMATED EXPENSES: $584,353
NOI: $415,196
PRICE: $7,795,000
This investment offers a well-maintained 5-story walk-up building, featuring an original lobby, marble stairwell, and updated systems, including a 5,000-gallon dual-fuel capable boiler, and a 9-camera surveillance system. Recent unit renovations, Silver-coat rubber roof. Ideally situated within walking distance to shopping, restaurants, trains, buses, and major highways."
OVERVIEW:
4116-4118 Carpenter Avenue contains 63 residential apartments (Including the superintendent assigned Unit). The building features 36 one-bedroom units, 15 two-bedroom units, and 2 three-bedroom units.
LOCATION:
Wakefield neighborhood of The Bronx, precisely on the 230th corner of Carpenter Avenue, this property enjoys a central location that defines convenience and quick access to daily activities.
RESIDENTIAL UNITS:
Recently renovated units, Wood floors, Lead testing, and Building Mechanicals have been well maintained by management, ensuring a comfortable and smooth tenant experience and transfer of ownership.
TRANSPORTATION:
Excellent access to public transportation, with nearby subway stations including the #2 Train and #5 Train. Additionally, Bronx River Parkway Bus stops BX31, BX39, and Bxm11 make commuting a breeze, enhancing convenience for residents and adding value to the property.
SHOPPING AND RESTAURANTS:
Vibrant commercial artery along White Plains Road on 233rd Street, where access to a variety of shopping options and a diverse culinary tapestry awaits. Residents can indulge in various cuisines and shopping experiences, adding to the allure of the neighborhood.
DEMOGRAPHICS:
This vibrant community with diverse demographics, fosters a rich tapestry of cultures and backgrounds. The vibrant mix of residents contributes to a dynamic and welcoming atmosphere.
IN SUMMARY:
4116-4118 Carpenter Avenue represents a prime investment opportunity with its central location, renovated residential units, and excellent transportation accessibility. Whether you're looking for a residence or considering an investment, this property stands as a solid real estate asset in The Wakefield neighborhood, promising a harmonious blend of comfort and convenience for residents as well as new ownership.
OVERVIEW:
BLOCK & LOT: 04832-0070
LOT SIZE: 13,285 sf
LOT DIMENSIONS: 126ft Wide X 104ft Deep
BUILDING SIZE: 50,830 sf
BLDG. DIMENSIONS: 126ft Wide X 94ft Deep
STORIES: 5
ZONING: R6-A
FAR AS BUILT: 3.00
YEAR BUILT: 1827
PROJECTED INCOME: $999,549.12
ESTIMATED EXPENSES: $584,353
NOI: $415,196
PRICE: $7,795,000
Property Facts In Escrow
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Intercom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
| 1+1 | 36 | - | - |
| 2+1 | 15 | - | - |
| 3+1 | 2 | - | - |
Property Taxes
| Parcel Number | 04832-0070 | Improvements Assessment | $1,532,411 CAD |
| Land Assessment | $113,257 CAD | Total Assessment | $1,645,668 CAD |
Property Taxes
Parcel Number
04832-0070
Land Assessment
$113,257 CAD
Improvements Assessment
$1,532,411 CAD
Total Assessment
$1,645,668 CAD
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