$7,950,000
bedrooms
0
bathrooms
25
square feet
16,015
Acreage
0.09848484848484848
Open Houses
-
year built
2021
Full Baths
25
Half Baths
0
This property was newly built in 2021 and is the perfect investment property. The property comprises 21 residential units, 2 commercial spaces, and 4 parking spaces, totaling approximately 16,015 square feet. The building offers newly constructed affordable housing units through the NYC Housing Connect program.
Amenities include split-unit heating and cooling systems, a laundry room, and bike storage. The property benefits from a 35-year 421-A tax abatement. Additionally, there is a $4.2 million government mortgage at a 5% interest rate, which is assumable by the buyer.
With lower maintenance costs, the property's good condition, prime location, lower interest rates, and guaranteed rent payments by the city, this is a perfect investment opportunity.
The building is conveniently located near public transportation, including the 2 and 5 subway lines, as well as multiple bus routes. Nearby neighborhoods include Belmont, Tremont, and Crotona Park East. It is near botanical gardens and 2 blocks away from the Bronx zoo.
A rare investment opportunity like this is hard to find!
Location | |
Subdivision | - |
County | Bronx |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 489041
Listing agent:
Chaohui Andrew Chen
Listing broker:
Womcore Llc Dba Remax Edge
(718) 612-3088
Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Saturday, February 22 2025 at 3:00 p.m. EST
Kotohomes National
Other listings you might be interested in
$6,900,900
21 Bed •
26 Bath •
22,190 ft²
281 Loop Road
Gatlinburg, TN 37738
$9,900,000
0 Bed •
24 Bath •
36,000 ft²
2866 State Hwy Dd
Branson West, MO 65737
$9,900,000
19 Bed •
24 Bath •
36,000 ft²
2866 State Hwy Dd
Branson West, MO 65737
$7,999,000
59 Bed •
51 Bath •
43,000 ft²
8501 Fort Hamilton Parkway
Brooklyn, NY 11209
$39,900,000
18 Bed •
24 Bath •
20,000 ft²
502 Centre Island Road
Centre Island, NY 11771
$59,000,000
22 Bed •
26 Bath •
22,115 ft²
3448 Woody Creek Road
Woody Creek, CO 81656
$68,000,000
12 Bed •
24 Bath •
38,000 ft²
2571 Wallingford Dr
Beverly Hills, CA 90210
$9,000,000
114 Bed •
54 Bath •
64,965 ft²
547 Lincoln Place
Brooklyn, NY 11238
$7,999,900
17 Bed •
27 Bath •
13,197 ft²
70 Hancock Street
Staten Island, NY 10305
$195,000,000
16 Bed •
27 Bath •
50,000 ft²
1261 Angelo Dr
Beverly Hills, CA 90210
$10,700,000
43 Bed •
43 Bath •
27,152 ft²
646 Port Richmond Avenue
Staten Island, NY 10302
$10,700,000
0 Bed •
40 Bath •
27,152 ft²
646-662 Port Richmond Avenue
Out NJ, NY 10302