674 E 232nd Street, Bronx, NY 10466
- $5,500,000
- List Price
- $5,500,000
- Status
- ACTIVE
- MLS#
- 1008785
- Year Built
- 2011
- Days on Market
- 107
- Acres
- 0.24
- County
- Bronx
- City Orig
- Bronx
- Neighborhood
- Bronx
- Lot Size
- 10335
Property Description
Marilyn's Place (674 & 676 & 678 East 232nd Street) WHERE THE NUMBERS DO THE TALKING. This is the deal you've been underwriting in your head. the one where the expenses are real, the financing is already done, and the income holds. This isn't a value add pitch dressed up with potential. It's a fully operational, 30 unit, 3 building portfolio that walks in the door with every major advantage stacked in your favor. The mortgage? Assumable. In a market where financing is the first obstacle, this property hands you a solution before you even ask the question. TAXES? Abated. Your bottom line is protected from day one. Water & Electric (common area)? Landlord-paid. Tenants stay. Vacancies shrink. NOI holds. Expenses? Extremely low. This isn't marketing language it's the actual operating profile of a 2011-built property that was designed and managed to perform. 30 apartments. 3 buildings. One rare opportunity to acquire a stabilized Bronx multifamily asset where the cash flow story doesn't require imagination it requires a calculator. you won't need a second showing. It will need a best offer.
Additional Information
- Heating
- Natural Gas
- Cooling
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Elementary School
- Contact Agent
- Middle School
- Call Listing Agent
- High School
- Contact Agent
- School District
- Contact Agent
- Sq Ft
- 10335
- Taxes
- $2,674
- Parking
- None
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Yara Annechiarico (yara@athomewithyara.com) from Listing Office: At Home With Yara Realty.
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.