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662 Jefferson Pl
Bronx, NY 10456
Multifamily Property For Sale
·
3 Units


INVESTMENT HIGHLIGHTS
- Fully Renovated with Separate Utilities
- Building Dimensions
EXECUTIVE SUMMARY
Investment Property Realty Group (IPRG) has been exclusively retained to sell 662 Jefferson Place. The subject property is located between Boston Road and Clinton Avenue in the Morrisania section of the Bronx.
The property contains three free market apartments that went through a full renovation in 2018. Each unit contains three bedrooms and one bathroom as well as separate utilities. The building dimensions are 16.5 ft x 50 ft with a 14 ft extension on the ground floor totaling approximately 2,479 square feet across three floors. There is also a cellar.
Located within walking distance to the 2 and 5 subway lines as well as multiple parks (including Crotona Park).
The property contains three free market apartments that went through a full renovation in 2018. Each unit contains three bedrooms and one bathroom as well as separate utilities. The building dimensions are 16.5 ft x 50 ft with a 14 ft extension on the ground floor totaling approximately 2,479 square feet across three floors. There is also a cellar.
Located within walking distance to the 2 and 5 subway lines as well as multiple parks (including Crotona Park).
PROPERTY FACTS
| Price Per Unit | $439,692 CAD | Property Subtype | Apartment |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.03% | Lot Size | 0.03 AC |
| Gross Rent Multiplier | 8.49 | Building Size | 2,112 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1901/2020 |
| Zoning | R6 | ||
| Price Per Unit | $439,692 CAD |
| Sale Type | Investment |
| Cap Rate | 9.03% |
| Gross Rent Multiplier | 8.49 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 2,112 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1901/2020 |
| Zoning | R6 |
AMENITIES
SITE AMENITIES
- Fenced Lot
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 3 | - | - |
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