1696 Banyer PlThe Bronx, NY 10473

This exceptional multifamily investment opportunity presents a well-maintained, 4,500 square foot apartment building located at 1696 Banyer Place in The Bronx, New York, 10473. Built in 2004, this all-brick and cement masonry structure boasts a 7.00% cap rate and is currently 100% occupied, offering immediate cash flow. The property sits on a 0.05-acre lot and features individually metered utilities (gas and electric) for each apartment, separate boilers, and new hot water heaters. Finished walk-out basements add extra value and functionality. Residents enjoy the convenience of a driveway easement and a fenced-in backyard. Its strategic location provides easy access to major highways, public transportation, and various retail stores, enhancing its appeal to tenants. The gross lease structure simplifies management, and the building's excellent condition minimizes immediate maintenance needs. This is a turnkey investment ideal for those seeking a strong return on investment in a thriving New York City borough. The asking price is $1,150,000.