$1,999,999

Est. payment - /mo

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4,517 Sqft Lot

Price Dropped by $400K

576 Southern BLVD Bronx, NY 10455

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Jesus Marcovichi

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Open House

Sun Oct 25, 9:00am - 6:00pm

Mon Oct 26, 9:00am - 6:00pm

Sat Oct 24, 9:00am - 6:00pm

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Bronxwood

MLS Listing ID 879978

Rental Info No

Year Built 1909

Annual Tax Amount $98,749

Lot Size 4,517 Sqft

Acres 0.1037

Property Sub-Type Multi Family

Source onekey2

Property Description

REO-PRIME INVESTMENT 21 UNIT AND 2 STORE FRONT PROPERTY- INTRODUCING 576 SOUTHERN BLVD. BRONX, NY, A RARE OPPORTUNITY TO ACQUIRE A SOLID INCOME PRODUCING ASSET FULLY OCCUPIED WITH A 7.61 CAP RATE, THIS. 5 STORY AND 21 UNIT RENT- STABALIZED BUILDING OFFERS CONSISTENT CASH FLOW AND LONG TERM UPSIDE IN ONE OF NEW YORK CITY'S MOST STABLE RENTAL MARKETS. BUILDING IS LOCATED NEAR ALL PUBLIC TRANSPORTATION, SCHOOLS, SHOPPING, AND ALL OTHER LOCAL AMENITIES. DO NOT MISS THIS CHANCE TO OWN A STABLE, CASH FLOWING ASSET IN ONE OF THE BRONX'S MOST PROMISING CORRIDORS. CONTACT US TODAY FOR ALL FINANCIALS, RENT ROLLS, OR TO SCHEDULE A VIEWING! OWNER FINANCING AVAILABLE!!!!

Location

State NY

County Bronx County

Rooms

Basement Full

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Utilities Available Natural Gas Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by DAC Properties Corp • Damien A. Coleman CBR

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