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729 E 212th
Bronx, NY 10467
8 Free Market Units Bronx · Multifamily Property For Sale · 8 Units

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INVESTMENT HIGHLIGHTS

  • Condominium: Keep as Rental or Sell Off Units
  • Not Subject to Rent Regulation
  • Tenants Pay for Heat & Hot Water

EXECUTIVE SUMMARY

The subject property is situated at 729 E 212th St, Bronx, NY 10467, strategically located between Holland Ave and White Plains Rd. This property features 8 free market condominium units spanning 4,679 square feet. The property consists of (7) 2 bedrooms and (1) 1 bedroom.
The condominium ownership structure presents the flexibility to either sell individual units or retain them as rentals.
This well-maintained multifamily building offers a compelling investment opportunity in a highly connected and desirable area.
It is conveniently positioned just three blocks from several bus stops (Bx28, Bx38, Bx39, Bx41, and Bx41-SBS) and the Gun Hill Rd train station.

PROPERTY FACTS Under Contract

Price Per Unit $265,145 CAD
Sale Type Investment
Cap Rate 8.77%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 4,679 SF
No. Stories 4
Year Built 2006
Zoning R6 - Residential.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 7 - -
1+1 1 - -
  • Listing ID: 32261838

  • Date on Market: 2024-06-26

  • Last Updated:

  • Address: 729 E 212th, Bronx, NY 10467

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