2543 Bronxwood Ave The Bronx, NY 10469

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Overview

Added:

Dec 11, 2024

Days on market:

127

This exceptional Class A multifamily investment opportunity presents a stabilized 16-unit apartment building located at 2543 Bronxwood Ave, The Bronx, NY 10469. The property, built in 2008 and renovated in 2020, boasts 8,483 square feet of net rentable space across two four-story buildings. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $241,526, representing a 6.90% capitalization rate. The asking price is $3,500,000, or $218,750 per unit. The property features 16 units

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Highlights

• 16-unit multifamily building in the Bronx, NY.
• Excellent investment opportunity with strong NOI and low expense ratio.
• Two buildings: one with 16 one-bedroom units, the other with 8 two-bedroom units.
• Each unit features individual boiler and hot water tank.

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Property Details for 2543 Bronxwood Ave

Property type

Apartment buildings

Square Feet

8,483 SF

Class

A

Year Built/Renovated

2008/2020

Buildings

2

Stories

4

Units

16

Location Insight

City

The Bronx

County

Bronx

State

New York

Latitude

40.864477830493

Longitude

-73.861570486961

2543 Bronxwood Ave, The Bronx, New York

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FAQs

What type of property is this?

Apartment building - 16-Unit Bronx Apartment Building

Where is the apartment building located?

The property is located at 2543 Bronxwood Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: 16-unit multifamily building in the Bronx, NY.; Excellent investment opportunity with strong NOI and low expense ratio.; Two buildings: one with 16 one-bedroom units, the other with 8 two-bedroom units.

How can I contact the broker?

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