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FOR SALE
$875,000

1040 Clay Avenue
Bronx, NY 10456

Multi-Family
Residential
7
Beds
6
Baths
3,733
Sq. Ft.
0.05
Acre Lot
Listing by: Charles Rutenberg Realty, Inc., (718) 994-4002
Agent Websites> New York> Bronx> 10456
Investment opportunity is knocking!! Grab it today. 6 unit brownstone in a Fleetwood neighborhood in Grand concourse historic neighborhood of the Bronx! Own a piece of history today. Each apartment is good condition with one full bathroom. Because Zoning is R7 , there's an opportunity to build up many more stories on top of the existing property. Property taxes is $9954( Annually) , Water is $7000( Annually Approx.), heating is $8000 ( Annually Approx.) , Maintenance is $3000( Annually ) , while insurance is $4000( annually). Total expenses is $24954 ( annually ) while total annual income $94692( Annually) , NOI is $69,738( With an opportunity to increase) , and a cap rate of 7.3%. Check it out!!!
H6265816
Multi-Family, Other
7
Bronx
6 Full
1899
0.05 Acres
Public
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Listing by: Charles Rutenberg Realty, Inc., (718) 994-4002
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