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Active - House for sale

1266 Spofford Avenue, Bronx, NY 10474

8 bds|5 bth|2,520 sqft

Facts & features

House Property type
1129 days on Beycome
1910 Year built
$437 Price/Sqft.
2 car garage Parking

Why you’ll love it

Amazing investment opportunity in the Hunts Point Section of The Bronx. Brick completely detached building consists of 4 units (2) two bedroom apartments, (2) one bedroom apartments and finished walk out basement. This property is in excellent condition and will be sold "AS IS" with all tenants. Monthly gross income is over $8,000 income monthly with tremendous upside to increase rents. Conveniently located within walking distance of The Peninsula - a dramatic re-imagining of the former Spofford Juvenile Detention Facility into a vibrant, mixed-use campus and a light industrial building home to small start-up and growing manufacturing businesses, featuring a health and wellness center, fresh food grocer, affordable housing for the Hunts Point neighborhood, and a live-work community for the South Bronx tech and creative sectors.

Translating description...

Listed by: Michael A. Brown • brownm@kw.com • Keller Williams Realty Group

Co-listed by: Keller Williams Realty Group

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Affordability

$715,000$1,485,000
1%20%
0%90%
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Estimated monthly payment

$6,413/mo

  • Mortgage$5,562
  • Property tax$851
  • HOA fee
  • Homeowners insurance
Due at closing$874,500
Down payment held in escrow$220,000
Closing costs$16,500
beycome credit Est.$22,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

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.

$1,100,000 Listed price

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$22,000 Credit back

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