2072 Crotona Ave, Bronx, NY 10457

19 Photos
4 Buildings
Map
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$12,618,152 List Price
Off Market
 
Listing ID 10429925
Property Type Multi-Unit (5+)
County Bronx
Township Bronx
Neighborhood East Tremont
FEMA Flood Map fema.gov/portal
Year Built 2014
   
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BRONX NET LEASED NIRVANA 100% Occupied 4 Walkup Building 44 Unit

Four 4 Story Newly Built walkup Residential Buildings with a Total of 44 Apartments in the Tremont & Morrisania sections of the Bronx. 4 Properties are Net Leased to 3 Entities. Crotona, Fulton Avenue & East 167th each have 5 year initial lease terms while East 170th Street has a 10 year initial term. All 4 have lease Renewal Options. 4 Buildings have combined 32,182 square foot total plus an Additional 5,341SF of Air Rights available for a total of 37,523 square foot Residential as of right maximum FAR Buildable.
Property Details
  • 32182 SF
  • 32182 SF Lot
  • Built in 2014
  • 4 Stories
  • Available 10/12/2017
Exterior Features
  • Brick Siding
  • New Construction
  • Near Bus
  • Near Train
Income/Expenses
  • Gross Income $918,000
  • Net Income $825,050
  • Operating Exp $92,950
  • Insurance Exp $21,800
  • Water Exp $26,000
  • Total Exp $92,950
  • Paid by Landlord: Water, Insurance
Previously Listed By
ANDREW LICHTENSTEIN INC
Office: 718-549-5999
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