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Active - House for sale
861 Macy Place, Bronx, NY 10455
Facts & features
Why you’ll love it
- Garage
This multifamily property is located in the historic Longwood section of the Bronx. Federally recognized as a historic landmark in 1983, this property was built in the early 1900s and constructed by renowned architect, Warren Dickerson. 861 Macy offers a Neo-Italian Renaissance design and is fitted with outer bays, stone and crown moldings along with steep stoops which provide a beautiful openness to the street below. This solid brick structure is semi-detached with a driveway on the left, leading to a large lot with ample parking in addition to a 2 car garage. The lot size is 24 x 142 ft, building size 3,000 sf. All three boilers were installed brand new within the last 2 years, ensuring efficient heating for each unit. The roof was recently stripped and replaced within the same time period, providing added value and protection to the property. The property is conveniently located just 1 block away from the 2 & 5 train stations, offering easy access to public transportation. It is also close to several bus routes, including x17, x4A, x4, and x46, making commuting more convenient. Income: Unit Type Monthly Annually #1. 2 bed 1 bath $2,200 $ 26,400 lease end 4/30/24 #2. 2 bed 1 bath $2,600 $ 31,200 lease end 8/31/2024 #3. 2 bed 1 bath $1,763 $ 21,156 lease end 11/30/24 #4. Studio $1,300 $ 15,600 vacant Total: $ 94,356 Expenses: Taxes 2023/24 $3,610 Water/sewer $3,000 Landlord electric $3,500 Landlord gas $700 Insurance: $1,560 Super $3,000 Management fee 3% $2,830 Repair & maintenance $3,000 Vacancy 3% $2,830 Total: $24,030 Net Operating Income: $70,326
Listed by: Edward N Kalisvaart • edwardk@kw.com • Keller Williams NYC
Co-listed by: Keller Williams NYC
Come see by yourself
Affordability
$5,863/mo
- Mortgage$5,562
- Property tax$301
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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About Bronx
AI-generated overview for informational purposes only.
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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.
Fire
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Air quality
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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.
