1125 East Tremont Avenue, Bronx, NY 10460
$1,200,000
List Price
Off Market
Listing ID |
10411860 |
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Property Type |
Multi-Unit (2-4) |
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School |
Bronx |
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Gut renovated money-making 4 units mixed use with unparalleled returns with separate utilities! Consisting of 2 commercial and 2 residential units with a huge finished basement, 1st flr accommodates a huge store and a ware house. 2nd and 3rd flrs feature 3 bedroom apartments in mint condition. 3rd floor is currently rented. Store Lease is $2,100 per month with $100 yearly increase, lease ends 2/28/2018. Warehouse Lease ends 3/30/2018 and pays $1,600 monthly with $100 yearly increase. 2nd and 3rd floors both comprise of 3 bedroom apartments in mint condition with only the 3rd floor currently rented for $1,900 and expires 2/1/2017. 2nd Flr is currently empty with a projected rental income of $2,000. Located in the high traffic commercially viable, light manufacturing district of East Tremont, this property is close to all, with direct access to New York throughway, #5 and #2 trains and city buses. Landlord only pays water, tax and insurance.Property is in pristine condition. Let's deal!
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- 9 Total Bedrooms
- 3 Full Baths
- 3150 SF
- Built in 1800
- 4 Units
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Danny Agboh
Charles Rutenberg Realty, Inc.
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Listing data is deemed reliable but is NOT guaranteed accurate.
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