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Office, Retail, Industrial, Vacant Land, Hospitality, Mixed Use, Multi-Family, Medical Office, Flex/R&D, Income / Business
Amazing development site with 100 feet of frontage on Jerome Avenue. Located half a block from Fordham Road. FAR of 3.44 Delivered vacant. PRICE REDUCED
5-Story Walk-Up 10 Unites, 2 Stores
17% Return on Equity Now, and 30% Projected ROE It may be possible to make 100% on your investment in 6 years, double your investment in 10 years and to TRIPLE YOUR INVESTMENT in 14 years? 12% ROI Cash on Cash Return on Investment Now, and 24% Projected ROI 100% Occupied 3 Five Story Apartment Building Portfolio Containing a Total of 61 Rent Stabilized Apartments, Plus 8 Storage Rental Units = 69 UNITS TOTAL in 48,773 Total Usable Square Feet. New Rubber Roof, Thoroseal Pointing, New Boiler Price Dropped from $14,000,000 11% Cash On Cash Projected Now 24% Cash On Cash Projected In Future
33% Projected Condominium Return On Investment; 16% Projected Return on Equity (Self Managed True Initial Cash On Cash Return on Equity Investment Including Net Income After Debt Service PLUS Add Back Vacancy Allowance, Collection Loss, Replacement Reserves, TILC, 3% Management Fee Plus Amortization Principal Reduction From Debt Service) DESCRIPTION: Brand New 2009 construction, 97% Occupied, 7 Story Luxury Doorman Elevator brick apartment, mixed use, commercial, office, medical and retail building with 89,600 Total Usable Square Feet containing 63 Luxury Apartments with 50,788 Square Feet of Usable Residential Square Footage, plus 13 with Exterior Usable Terraces/Balconies totaling 3,873 square feet, and; 4,402 Square Feet of Street Level Retail Space; 16,060 Square Feet of 2nd & 3rd Floor Medical Office Space and 15,000 Square Feet of Interior Parking for 80 Cars. PROJECTED CONDOMINIUM SELLOUT VALUE: $69,700,000
2 Family + Commercial + extra apt. Apt 1: 1500$ Apt 2: 1500$ Commercial Space: 950$ Extra Apt.: 1000$ Expenses: 11,000
6 units totaling +/- 8,700 square feet Current Tenants are Dunkin Donuts / Baskin Robbins and a Bait/Tackle shop 2 vacant retail units total +/- 4,260sf combined (Great for an owner / user). This space use to be a restaurant 2 residential units are occupied and newly updated Directly over the City Island bridge + has water views High traffic area especially during the summer Owner may hold a note View the second page for Income & Expenses Parking lot for +/- 30 cars 6 months "Free Rent" on a 5 year lease term 12 months "Free Rent" on a 10 year lease term
Building is in phenomenal condition. Major renovations made. Opportunity to significantly increase the income by: - Adding the 7th apartment (currently unused but part of Dept of Bldg's Floor plan) - Using the storage or laundry space - Using the available parking space 100% collection-100% occupancy. Tenants have never been in court Apartments have a very nice layout. BUYERS- PLEASE CONTACT ME BEFORE DRIVING BY BROKERS-DO NOT CONTACT ME UNDER ANY CIRCUMSTANCE. I ONLY DEAL WITH PRINCIPAL BUYERS
Great investment - 2 Family (3-bedroom duplex) brick building on Crotona Park across the park, Great Views, hardwood floors, newly built. Tenants pay utilities
Beautiful, well maintained, brick and stucco home, with large backyard, in the Pelham Parkway\Morris Park (Indian Village) neighborhood of Bronx. Two rental income apartments with private entries, each 1150 sq ft. Large lot, 5000 sq. ft. (50 wide x 100 deep) next to elementary school. Perfect for dentist wanting to begin practice and have rental income. Professional space is 1150 sq ft with 3 operatories.
Newly renovated 3 family, with a driveway and backyard on a 25x100 lot. 1F (4BR) rent 1750, 2f&3f each rents 1100. Annual gross rent close to 50k. low taxes.. 4 gas meters and 3 elec meters. unfinished basement. Gas heating. It is in good condition, FHA financing approved. Ideal for first time buyer.