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Christopher Abate 914-835-6600 #204

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Multi Family 5+ in Bronx County
MLS NumberH6327685
Address1945 Gleason Avenue, Bronx, NY 10472 show map
Price$1,295,000 show mortgage calculator
Acres0.059090909090909
Year Built1928
Est. Sq. Footage0
Elementary SchoolContact Agent
Jr High-Middle SchoolContact Agent
High SchoolContact Agent
Estimated Taxes$15,296
Total Apt Units6
Remarks

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.

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This listing is Courtesy of Keller Williams Realty NYC Grp (718-697-6800).

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