2114 Daly Ave The Bronx, NY 10460

This five-story, 21,355 square foot apartment building at 2114 Daly Avenue in the Bronx, NY (zip code 10460) presents a compelling investment opportunity. Built in 1911, the property boasts 28 units, four of which are currently vacant, offering potential for increased revenue. Situated on a 43 ft x 121 ft lot, the building is conveniently located between East 180th and East 181st Streets in West Farms, within walking distance of the 2 and 5 subway lines. The property's zoning is R7-1. With a Net Operating Income (NOI) of $347,971 and an attractive 9.40% capitalization rate, this multifamily asset offers significant potential for strong returns. The asking price is $3,700,000. The building dimensions are approximately 43 ft x 100 ft. This is a rare opportunity to acquire a well-located multifamily property in a rapidly developing area of the Bronx.