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Active - House for sale
1040 Clay Avenue, Bronx, NY 10456
Facts & features
Why you’ll love it
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!!!
Listed by: Isatou Jabbie • i.jabbie02@gmail.com • Charles Rutenberg Realty, Inc.
Co-listed by: Danny B. Agboh • dannybrowny2@gmail.com • Charles Rutenberg Realty, Inc.
Come see by yourself
Affordability
$5,628/mo
- Mortgage$4,799
- Property tax$830
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
