Delivered Vacant – Great Value! Large 3 Family Investment Property – Income Generator!
Sold “AS IS” – Large spacious 1480 SQFT 3 bedroom apartments with living room, dining room, kitchen, and 1 bathroom. Additional bathroom in the basement level. The basement is finished and can be used as a Super’s apartment.
This home is very well maintained! Just a few minor cosmetic touches and its ready!
It features high ceilings, hardwood floors, large bay windows, and oak kitchen cabinets.
20FT Wide by 74 FT Deep. Has 1 water meter, 3 gas and 3 electric meters. 1 Water Heater and oil boiler. Tenants pay their own gas and electric.
Own this property with 10% down payment. Mortgage is approximately $2,244.97 per month.
Potential Annual Rent Roll is $61,200.
Annual Expenses are approx $12,466.
Water/Sewer $4800,
Gas/Electric -$1200 (Common Area),
Oil Heating -$4,200,
Taxes -$2,266,
Net Income is $48,734.
Building Specs:
Building SF 4,440,
Residential SF 4,440,
Building dimensions 20 ft x 74 ft,
Lot SF 2,000,
Lot dimensions 20 ft x 100 ft,
Max FAR 6,000,
Stories 3,
Residential units 3,
Year built 1899 (estimated),
Building class Three Families,
Taxes $2,266.
Bathgate Neighborhood – Near B and D Subway lines. Convenient to St Barnabus Hospital, Fordham University, Famous Arthur Avenue restaurants, supermarkets and parks. Cross Streets, Washington and Park Avenue.
Schedule an appointment today with Elaine Perry 917 841-3230 and Fahmida Zaman at 917 557-0227.
