1047 Teller Avenue - For Sale - Agorafy

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1047 Teller Avenue - For Sale Fleetwood-Concourse Village, Bronx, NY 10456 12-Unit Residential Walk-Up Building Investment Sales Location: Block_Lot: Building Class: Cert. of Occupancy: Lot Dimensions: Lot SF: Bldg Dimensions: Gross Bldg SF: Stories: Zoning: FAR: Buildable SF: Air Rights: Assessment: Taxes:

W.side of Teller Avenue btwn E.166 St. & E.165 St. 2433_76 C1 Twelve (12) Apartments - Eight 1BR’s_Four 4BR’s 33.16’ x 100.02’ (approx.) 3,316’ (approx.) 33’ x 68’ (approx.) 8,976’ (approx.) 4 R7-1 3.44 11,409’ 2,433’ (approx.) $206,370 (2014/15) $27,127 (2014/15)

Property Description:     

12-Unit Residential Walk-Up Building 12 Rent Stabilized Apartments Eight 1-Bedroom Apartments; Four 4-Bedroom Apartments No Long Term Leases All units are in good condition

Neighborhood Description and Transportation:   

Walking distance to the 4-train at 161st Street—Yankee Stadium 5-blocks from the “Bronx Museum of the Arts” Close proximity to all necessary retail, restaurants and shopping

Actual Gross Annual Income Real Estate Taxes (14/15) Insurance Water/ Sewer Electric Heat Repairs & Maintenance (2%) Management Fees (3%) Vacancy & Collection (3%) Total Expenses NET Operating Income

$ $ $ $ $ $ $ $ $ $ $

201,772 27,127 2,500 5,600 500 6,500 4,035 6,053 6,053 58,369 143,403

ASKING PRICE: $1,650,000 For Further Information, Please Contact the Exclusive Multi-Family Sales Team: Stephen Safina (718) 687-4201 [email protected]

Thomas Ryan (718) 208-1852 [email protected]

Alyona Chystyakova (718) 687-4207 [email protected]

Brian T. Leary (718) 687-4200 [email protected]

CPEX Real Estate | 81 Willoughby Street, 8th Fl | Brooklyn, NY 11201 | Tel: (718) 935-1800 | Fax: (718) 935-1822 | www.cpexre.com All information contained herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. IT IS STRONGLY URGED THAT THE PROSPECTIVE PURCHASER CAREFULLY VERIFY EACH ITEM OF SIZE, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE, AND ALL OTHER INFORMATION PRESENTED HEREIN.