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1050 Lowell St
Bronx, NY 10459 Foxhurst

$2,388,000 USD

Apartments For Sale  •  10,950 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,950 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1911
  • Cap Rate 10.03 %
  • Zoning M1-1
100 Transit Score
88 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!! 10.03 Cap 11 Unit Apartment Building In The Bronx For Sale!!!
The Building Features Great Exposure, Excellent Signage, 6 Parking Spaces, High 8’ Ceilings, Stong M1-1 Zoning, 200 Amp Power, A/C, +++!!!
The Property Is Located In The Heart Of The Bronx Just 2 Blocks From I-278 Off Sheridan Blvd.!!!
Neighbors Include Stop & Shop, ShopRite, Optimum, Macy’s, AutoZone, Burlington, Planet Fitness, Marshall’s, McDonald’s, CVS, Walgreens, IHOP, +++!!!
This Property Has HUGE Upside Potential!!!
This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!!

Financial Summary (Actual)

Net Operating Income: $239,595 USD (2023)
Cap Rate: 10.03 %
Total Expenses: $103,360 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Property Manager on Site
  • Security System
  • Heating
  • Kitchen
  • Range
  • Storage Space
  • Maintenance on site

Public Transportation

Commuter RailDriveWalkDistance
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 1.9 mi
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 6 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Whitlock Avenue (6 - New York MTA Subway (The Subway)) 1 min 2 min 0.1 mi
Simpson Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 7 min 0.4 mi
Freeman Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Elder Avenue (6 - New York MTA Subway (The Subway)) 2 min 10 min 0.5 mi
Hunts Point Avenue (6 - New York MTA Subway (The Subway)) 1 min 10 min 0.5 mi
AirportDriveWalkDistance
LaGuardia 16 min - 7.9 mi
John F Kennedy International 28 min - 18.0 mi
Newark Liberty International 30 min - 24.5 mi
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial