List Search

1684 Banyer Pl
Bronx, NY 10473 Soundview

$3,000,000 USD

Apartments For Sale  •  10,252 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,252 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 2009
  • Cap Rate 7.50 %
84 Transit Score
87 Walk Score

Highlights

3 Building Package with In Place Cash Flow/Value Add Potential
The 3 properties each contain 6 rent stabilized apartments, comprising a total of 18 apartments
A 15 yr 421a that expires on June 30, 2026, upon which the apts become destabilized with vacancy & rents can be increased with the next tenant
Each building is built 25 ft x 51 ft across three floors, totaling 3,825 square feet and has a cellar
Conveniently located near public transportation (6 train subway and buses), retail corridors, and neighborhood amenities

Property Flyers

Cap Rate: 7.50 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Microwave
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 3.2 mi
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 10 min - 3.4 mi
Transit/SubwayDriveWalkDistance
St Lawrence Avenue (6 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Morrison-Sound View Avenues (6 - New York MTA Subway (The Subway)) 3 min 14 min 0.7 mi
Elder Avenue (6 - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
Parkchester (6 - New York MTA Subway (The Subway)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 18 min - 8.7 mi
John F Kennedy International 26 min - 17.2 mi
Newark Liberty International 31 min - 24.9 mi
Steve Reynolds 718-360-2993 Investment Property Realty Group
Steve Reynolds 718-360-2993 Investment Property Realty Group