Most tenants are paying significantly below market for their 3 - 4 bedroom apartments. Opportunity to increase property's income by another $70k - 90k. -Clean building with very nice tenants. -Large apartments. Opportunity to create all 4 bedroom units. BROKERS-PLEASE DO NOT CONTACT ME UNDER ANY CIRCUMSTANCE. THANKS. PRINCIPAL BUYERS ONLY!! *EXCLUSIVE LISTING* PLEASE CONTACT ME BEFORE DRIVING BY OR IF YOU NEED A SET UP
Property is 25,078 Square foot Vacant 2 Lot Land Parcels available to a qualified buyer/developer to Develop according to proposed building plans that have not yet been approved a 7 Story Elevator Building with 96 Residential Apartments with 86,816+/-Residential Square Feet, Plus Cellar containing 17,353+/- Square Feet for a Community Center, Plus Sub-Cellar with 16,678+/- Square Feet for an Enclosed Parking area with 42 Parking Spaces, Plus 8 Exterior Parking for a Total of 120,847+/- Possible Buildable Square Foot. $19,871,611 Projected Resale Profit Acquisition, Development, Rental & Resale =58% Unleveraged ROI =41% Return on Equity Investment Proj. after Develop, Rent & Refinance $22,101,697 Projected Profit after Condominium Sellout =243% Proj ROI
Attractive, modern office building constructed in 1987. Building is NNN leased to 5 billion dollar company until Nov 2016, plus option. Current rent is $102,996/yr. Three level building, rear parking for 8 cars. C1-2 zoning.
$3,500,000Size Upon Req.
Bankruptcy Auction - United States Bankruptcy Court Southern District of New York In Re: Prestige Realty Corp - Case # 13-13578 (SCC) 21,000+ Sq Ft Corner Blockthrough Redevelopment Site at Traffic Light Intersection - 5 Blocks from Yankee Stadium Neighborhood in Midst of Rezoning - 179' Frontage on Edward L. Grant Highway Details: 55 West 169th Street & 1297 Cromwell Avenue, Bronx, NY 10452 Block: 2871 Lots: 61 & 140 Only 5 Blocks from Yankee Stadium Rare Redevelopment Opportunity with Road Frontage on Three Sides 179.66' Frontage on Edward L. Grant Highway 133.49' Frontage on West 169th Street 102.21' Frontage on Cromwell Avenue Lot Size: 21,516 Sq Ft Zoning: M1-2 Improvements: 2,016 Sq Ft Home & 3,043 Sq Ft Industrial Building Annual Gross Income from Month-to-Month Tenants: $168,000 Annual Real Estate Taxes: $40,401 Previously Listed at $7,000,000 $3,500,000 Minimum Bid
Bankruptcy Auction - United States Bankruptcy Court Southern District of New York In Re: Prestige Realty Corp - Case # 13-13578 (SCC) Two Family Home Details: 2717 Kingsland Avenue, Bronx, NY 10469 Block: 4537 Lot: 44 Neighborhood: Pelham Gardens Living Area: 2,080 Sq Ft Lot Size: 2,500 Sq Ft (25' x 100') Partially Occupied & Delivered Vacant at Closing Annual Real Estate Taxes: $4,252 Previously Listed at $399,000 $210,000 Suggested Opening Bid
Modern 9,500 sq. ft. two story office building with on-site parking for 15 cars. There are 4 separate office spaces the largest being 4,750 sf located on the grade level. This area can be delivered vacant for a user/ investor or can be leased separately All spaces have been recently renovated and are occupied.
DIAMOND LOCATION IN RIVERDALE NY FOR SALE OR LEASE! " Building Size: 11,200sf (2 Stories) plus 5,600sf usable basement with windows " Ceiling Heights: 1st Floor 13' -14' , 2nd floor 12' -13' , usable basement with windows 10' -11' " Zoning: R4 & Grandfathered factory/warehouse use " 1 drive in, 1 large heavy duty freight & solid concrete floors " Taxes: +/- $21,000 a year " Lot Dimensions: 60' x 107' " Block & Lot: 5761 & 441 " Uses: Residential development, factory, warehouse, distribution, storage, etc.
Income / Business
Price Upon Req.3,750 SF
Warehouse building for sale. Great for End User. Can built up or knock down and built new building. Great for a Medical building or Urgent Care. Zone R7-1 / Far 3.44
Great opportunity to own one of the dominant Italian/comfort food Restaurants in the Morris Park Community of the Bronx. The lease (NNN), corporation (with iconic name), and equipment available for $495,000. 11 years remaining on lease, 3% annual escalations. Gross Revenue - Annual 1.8 Million / weekly approximately $35,000. Lease $10,600 per month (includes R/E taxes). Insurance - $816 monthly; Water and Sewer - $800 Monthly. Estimated heat and electric approximately $4,000 per month. A la carte and catering with bar/lounge area. Public Assembly is 187. 4am liquor license. Approximately 10,000 sq. feet of restaurant floor, kitchen, refrigeration and storage area on three floors with freight elevator. Restaurant hours Monday - Thursday 11am - 11pm; Saturday 11am - Midnight; Sunday 11am - 10pm. Additional information available to qualified restaurateurs. All information listed above believed to be accurate but must be verified by the purchaser when performing their due diligence.
Property is not for sale, only business. The business has been in operations for over 31 years and is highly profitable. Currently sells women working outfits and urban city style clothing. Turn key over business with immediate return on the investment.