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536 East 138th Street 536 East 138Th Street 9 Unité Immeuble d’appartements 2 779 980 $ CAD (308 887 $ CAD/Unité) New York, NY 10454


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RÉSUMÉ DE L'ANNONCE
An exceptional opportunity to acquire a high-potential mixed-use investment property in the heart of the Bronx. Located at 536 East 138th Street, this solid income-producing building consists of 8 residential apartments and 1 ground-floor retail store, providing diversified revenue and long-term upside in a growing corridor.
The residential component features eight fully occupied 3-bedroom apartments, with current rents ranging from $1,140 to $1,600. The ground-floor store generates $6,700 per month plus water, adding a strong commercial income stream. All residential leases expire in December, offering investors near-term flexibility to reposition rents and enhance cash flow.
The property is equipped with a gas boiler and reports an annual rent roll of approximately $250,000. Operating expenses include taxes of $16,235, water at $13,000, and insurance of $18,800, making this a compelling opportunity for both value-add and long-term hold investors.
With solid in-place income, multiple revenue streams, and significant upside potential, this asset represents a rare chance to secure a prime Bronx investment. Sold as is.
The residential component features eight fully occupied 3-bedroom apartments, with current rents ranging from $1,140 to $1,600. The ground-floor store generates $6,700 per month plus water, adding a strong commercial income stream. All residential leases expire in December, offering investors near-term flexibility to reposition rents and enhance cash flow.
The property is equipped with a gas boiler and reports an annual rent roll of approximately $250,000. Operating expenses include taxes of $16,235, water at $13,000, and insurance of $18,800, making this a compelling opportunity for both value-add and long-term hold investors.
With solid in-place income, multiple revenue streams, and significant upside potential, this asset represents a rare chance to secure a prime Bronx investment. Sold as is.
FAITS SUR LA PROPRIÉTÉ
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Walk Score®
Un paradis pour un marcheur (93)
Transit Score®
Un paradis pour conducteur (97)
Bike Score®
Très cyclable (82)
Impôts fonciers
| Numéro de lot | 02265-0039 | Évaluation des bâtiments | 178 593 $ CAD |
| Évaluation du terrain | 1 949 $ CAD | Évaluation totale | 180 542 $ CAD |
Impôts fonciers
Numéro de lot
02265-0039
Évaluation du terrain
1 949 $ CAD
Évaluation des bâtiments
178 593 $ CAD
Évaluation totale
180 542 $ CAD
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Présenté par
Metro Star Realty LLC
536 East 138th Street | 536 East 138Th Street
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