2072 Crotona Ave, Bronx, NY 10457

$12,618,152 List Price

Off Market

Listing ID	10429925



Property Type	Multi-Unit (5+)



County	Bronx



Township	Bronx

Neighborhood	East Tremont



FEMA Flood Map	fema.gov/portal



Year Built	2014

Virtual Tour

BRONX NET LEASED NIRVANA 100% Occupied 4 Walkup Building 44 Unit

Four 4 Story Newly Built walkup Residential Buildings with a Total of 44 Apartments in the Tremont & Morrisania sections of the Bronx. 4 Properties are Net Leased to 3 Entities. Crotona, Fulton Avenue & East 167th each have 5 year initial lease terms while East 170th Street has a 10 year initial term. All 4 have lease Renewal Options. 4 Buildings have combined 32,182 square foot total plus an Additional 5,341SF of Air Rights available for a total of 37,523 square foot Residential as of right maximum FAR Buildable.

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Property Details

32182 SF
32182 SF Lot
Built in 2014
4 Stories
Available 10/12/2017

Exterior Features

Brick Siding
New Construction
Near Bus
Near Train

Income/Expenses

Gross Income $918,000
Net Income $825,050
Operating Exp $92,950
Insurance Exp $21,800
Water Exp $26,000
Total Exp $92,950
Paid by Landlord: Water, Insurance

Previously Listed By

Andrew Lichtenstein

ANDREW LICHTENSTEIN INC

Office: 718-549-5999

Cell: 917-365-1800

Listing data is deemed reliable but is NOT guaranteed accurate.

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