2418 Maclay AveThe Bronx, NY 10461
- Apartment buildings
- 2,680 SF
Property Details for 2418 Maclay Ave
- Year built
- 1963
- Property size (Sq ft)
- 2,680 SF
- Property type
- Apartment buildings
Description
This three-unit apartment building, located at 2418 Maclay Ave in the Bronx, NY 10461, presents a compelling investment opportunity. Built in 1963, this Class C property boasts a total of 2,680 square feet situated on a 2,000 square foot lot. The building features three units, currently operating at 100% occupancy, generating a Net Operating Income (NOI) of $53,102 and a 5.91% capitalization rate. The asking price is $899,000, translating to $299,667 per unit and $335.45 per square foot. The property includes two parking spaces, a garage, and a fenced lot. Unit features vary, with some including updated kitchens with quartz countertops, updated bathrooms, hardwood and ceramic tile floors, and walk-in foyers. One unit offers interior garage access and a walk-out to a backyard patio. The building benefits from a new gas furnace and hot water heater, and a new roof. Its R6 zoning and proximity to public transportation and retail stores further enhance its appeal. This multifamily home is situated in the Westchester Village section of the Bronx.
Location Insight
- City
- The Bronx
- County
- Bronx
- State
- New York
- Latitude
- 40.8402
- Longitude
- -73.8504
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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