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City Island Ave, Multi-Family Portfolio 5 Multifamily Properties Offered at $5,122,650 CAD in Bronx, NY

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INVESTMENT HIGHLIGHTS

  • CITY ISLAND
  • 8 vacant units . 3 more vacant shortly
  • FULLY BRICK
  • CONTIGUOUS

EXECUTIVE SUMMARY

Assemblage of five properties along the lovely City Island Avenue.
30 TOTAL UNITS
8 VACANT UNITS
buildings are all three-story, fully brick, full basements
Views of Manhattan, wonderful restaurants, an interesting little museum. City Island Avenue has all the shops, galleries and restaurants are located.
whatsapp me for spread sheet of rents, pictures and videos.

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2022)

ANNUAL (CAD)
Gross Rental Income $805,157
Other Income -
Vacancy Loss -
Effective Gross Income $805,157
Taxes $148,142
Operating Expenses $163,371
Total Expenses $311,513
Net Operating Income $493,645

TAXES & OPERATING EXPENSES (PRO FORMA - 2022)

Gross Rental Income (CAD)
Annual $805,157
Other Income (CAD)
Annual -
Vacancy Loss (CAD)
Annual -
Effective Gross Income (CAD)
Annual $805,157
Taxes (CAD)
Annual $148,142
Operating Expenses (CAD)
Annual $163,371
Total Expenses (CAD)
Annual $311,513
Net Operating Income (CAD)
Annual $493,645

PROPERTY FACTS

Price $5,122,650 CAD
Price / SF $214.38 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 9.91%
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 23,895 SF
Total Land Area 0.31 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
181 City Island Ave, Bronx, NY 10464 Multifamily 5,175 SF 1925 -
452 City Island Ave, Bronx, NY 10464 Multifamily 4,875 SF 1928 -
454 City Island Ave, Bronx, NY 10464 Multifamily 4,875 SF 1928 -
187 City Island Ave, Bronx, NY 10464 Multifamily 4,485 SF 1925 -
183 City Island Ave, Bronx, NY 10464 Multifamily 4,485 SF 1925 -
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  • Listing ID: 27031557

  • Date on Market: 2022-11-03

  • Last Updated:

  • Address: City Island Ave, Multi-Family Portfolio, Bronx, NY

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