Commercial Real Estate for Sale in Allerton Ave, Bronx, New York $4,250,000

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Allerton Ave (Bronx, New York, US - 10469)

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$4,250,000 USD 4,250,000.00

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N Homes Listings LLC



Noah Olay
Email Noah

Phone:	917 402 9207
Other:	718 547 3674
Cell:	917-402-9207
Fax:	718 547 3674

Details

Address: 2714 WALLACE AVENUE Type: Commercial Style: Bedrooms: n/a "48 Units Residence" Bathrooms: n/a "48 Baths" Garage: "Street Parking" Basement: "Utility room" Size: 10,000 sq. ft. Lot Type: Rectangular Taxes: $58,000.00 USD

Description

Investor Commercial Property in Bronx Durable Houses and Least Expensive

DESCRIPTION; SIX (6) STORY, ELEVATOR BUILDING
LAYOUT: 1213s, 2013.5, 15t4.5, 115 = 48 Residential Units (178 Rooms)
LOT SIZE: 100 x 100 BUILT: 87 x 100 Yr:
MORTGAGE: $134,760 per year tax abatement = through 2019
GROSS ANNUAL INCOME:$482,549.04
VACANCY & RESERVES: (- 3 %) -$14,476.48
EFFECTIVE GROSS INCOME $468,072.56:

ESTIMATED EXPENSES:
R.E. TAXES **"(Exempt)*"* $(58,042.00)
TOTAL ESTIMATED EXPENSES: $ 212,69_F.00
CASH FLOW AVAILABLE FOR DEBT SERVICE & PROFIT(NOl):$269.851.00+***Exemption
$327,893.00

TERMS:ALL TERMS CONSIDERED
REMARKS: FULL SYSTEMS UPGRADE. NEW ROOF. NEW FRONT DOORS
MANY EXTRA