1323 Purdy Street, Bronx, NY 10462

$1,950,000

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List Price
$1,950,000
Status
ACTIVE
MLS#
1028996
Year Built
2004
Days on Market
6
Acres
0.05
County
Bronx
City Orig
Bronx
Neighborhood
Bronx
Lot Size
2160

Property Description

1323 Purdy Street (MLS #1028996) is an 8-unit NON-rent-stabilised building in the Parkchester/Castle Hill section of the Bronx that can be purchased individually or in conjunction with two adjacent sister properties: 1321 Purdy Street (MLS #1025742) and 1325 Purdy Street (MLS #1029004). The seller is the original owner and builder of the building. There are 7 one-bedroom units and 1 garage/office space. Each apartment has its own boiler unit. Gas and electric are separately metered as well, so all tenant utility expenses are paid for by the tenants, with the exception of water. The current annual rent roll is $147,420 with annual expenses of $53,090, creating a 2025 net operating income of $94,330. The property has a high majority of cash, on time paying tenants. Units are in above-average condition. A further breakdown of revenue, expenses, and layouts is available. The property is conveniently located a short distance to the Castle Hill #6 subway line, making it perfect for Manhattan commuters. Please note that the photos posted are from the three adjacent properties for sale: 1321, 1323, and 1325 Purdy. Full video available as well.

Additional Information

Heating
Baseboard
Cooling
Wall/Window Unit(s)
View
Neighborhood, Park/Greenbelt, Trees/Woods
Sewer
Public Sewer
Elementary School
Ps 106 Parkchester
Middle School
Jhs 127 Castle Hill (The)
High School
Contact Agent
Stories
4
School District
Contact Agent
Sq Ft
2160
Taxes
$27,628
Parking
On Street
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gregory Tsougranis (teamtsougranis@gmail.com) from Listing Office: Keller Williams Realty NYC Grp.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.