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598-600 E 183rd St
Bronx, NY 10458 Belmont

$3,195,000 USD

Apartments For Sale • 26,400 SF

Property Details

Property Type Apartments
Total Building Size 26,400 SF
Lot Size 0.13 AC
Building Class C
Year Built 1908
Zoning R7-1

92 Transit Score

96 Walk Score

                
                    Highlights
                
                                This 30-unit walk-up building is composed of one store and 29 residential units.
                            
                                It comprises one studio, five one-bedroom, 11 two-bedroom, and 12 three-bedroom apartments.
                            
                                8.3% Cap Rate | 5.1x GRM | $106,500 Per Unit | $121 Per Sqft
                            
                                The building offers investors a steady annual cash flow of $276,515 with $25,947 in delta upside
                            
                                2239 Adams Place is conveniently located a few steps from prime Little Italy Retail Markets, St. Barnabas Hospital, and the Bronx Zoo

Property Flyers

598 East 183rd Street - Executive Summary

Amenities

24 Hour Access
Controlled Access
Tenant Controlled HVAC
Heating
Smoke Free
Kitchen
Oven
Tub/Shower
Freezer
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	3 min	12 min	0.6 mi
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	4 min	16 min	0.8 mi
Transit/Subway	Drive	Walk	Distance
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	3 min	13 min	0.7 mi
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	4 min	17 min	0.9 mi
Fordham Road (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	5 min	17 min	0.9 mi
182-183 Streets (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	5 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
LaGuardia	22 min	-	10.4 mi
John F Kennedy International	32 min	-	19.4 mi
Westchester County	38 min	-	22.9 mi

Michael Fusco 212-430-5281 Marcus & Millichap

598-600 E 183rd St Bronx, NY 10458 Belmont