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617 Courtlandt Ave
Bronx, NY 10451 Melrose

$2,500,000 USD

Apartments For Sale  •  8,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,500 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 1931
  • Cap Rate 11.30 %
  • Zoning R7-1
100 Transit Score
97 Walk Score

Highlights

FREE MARKET
MIXED-USE
LOW TAXES: TAX CLASS 2B
FULLY BRICK

Financial Summary (Actual)

Net Operating Income: $282,484 USD (2024)
Cap Rate: 11.30 %
Total Expenses: $75,516 USD

Amenities

  • Yard
  • Basement

Public Transportation

Commuter RailDriveWalkDistance
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min 12 min 0.6 mi
Harlem-125th Street Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 7 min - 1.9 mi
Transit/SubwayDriveWalkDistance
3 Avenue-149 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 4 min 0.2 mi
149 Street-Grand Concourse (2 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 10 min 0.5 mi
Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min 12 min 0.6 mi
Jackson Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Brook Avenue (6 - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 17 min - 6.9 mi
John F Kennedy International 30 min - 18.1 mi
Newark Liberty International 31 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Avraham Birnbaum 973-873-8444 Twelve Stones Realty LLC
Avraham Birnbaum 973-873-8444 Twelve Stones Realty LLC