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4175 Third Ave 10 Unit Apartment Building $2,256,672 CAD ($225,667 CAD/Unit) 9.68% Cap Rate Bronx, NY 10457
Investment Highlights
- Great Location
- Tax Zone
- High Cap Rate
Executive Summary
8 FAMILY + 2 STORES 4 STORY BUILDING. THE BUILDING HAS UPDATED KITCHENS
AND BATHROOMS. UPDATED ELECTRIC. 7-YEAR-OLD BOILER, ROOF AND PARAPET
WALL DONE WITHIN 3 YEARS. REPOINTING THE BRICKS AND SEALANT INSIDE OUT.
FIRE ESCAPES WERE TREATED AND REPAINTED.
IN A TAX ZONE!!
AND BATHROOMS. UPDATED ELECTRIC. 7-YEAR-OLD BOILER, ROOF AND PARAPET
WALL DONE WITHIN 3 YEARS. REPOINTING THE BRICKS AND SEALANT INSIDE OUT.
FIRE ESCAPES WERE TREATED AND REPAINTED.
IN A TAX ZONE!!
Property Facts
| Price | $2,256,672 CAD | Building Class | C |
| Price Per Unit | $225,667 CAD | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 7,124 SF |
| Cap Rate | 9.68% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | M1-4/R7X, MX-14 - M1 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Price | $2,256,672 CAD |
| Price Per Unit | $225,667 CAD |
| Sale Type | Investment |
| Cap Rate | 9.68% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 7,124 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | M1-4/R7X, MX-14 - M1 - Light industrial with offices, hotels, and most retail uses permitted |
Amenities
Unit Amenities
- Eat-in Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Controlled Access
- Recycling
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
| Studios | 2 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 02924-0036 | Improvements Assessment | $98,325 CAD |
| Land Assessment | $13,238 CAD | Total Assessment | $111,563 CAD |
Property Taxes
Parcel Number
02924-0036
Land Assessment
$13,238 CAD
Improvements Assessment
$98,325 CAD
Total Assessment
$111,563 CAD
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4175 Third Ave
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