890 Morris Avenue, Bronx, NY 10451

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PRICE BREAK - WAS $1,200,000 Asking Price: $ 1,100,000

890 Morris Avenue, Bronx, NY 10451 http://www.ergpa.com/property/890-morris-avenue-bronx-ny (link to this property) Location:

Between 161st And 162nd Street

Special Label:

PRICE BREAK - WAS $1,200,000

Block/Lot:

2421/10

CAP Rate:

7%

Zoning:

C2-4/R8A

Building Size (Approx.): 23 x 57

Lot Size (Approx.):

25 x 100

Stories:

Lot SF (Approx.):

2,500

Total Residential Units: 2

3

Building SF (Approx.): 3,933

Gross Income:

$78,000

County

Bronx

Expense (Estimated):

$8,423

Property Zip Code:

10451

NOI (Estimated):

$69,577

Property State

NY

RE Tax:(13/14):

$2,423

Property City:

New York

Investor Property Type: Mixed Use

Property Address:

890 Morris Avenue

Commercial Units:

1

890 Morris Avenue is located in the Concourse Village section near Yankee Stadium and the Court Houses. It is a few blocks from the B and D subway line. There are three separate gas boilers and hot water tanks which are all separately metered. The tenants are responsible for all utilities. Currently, there are over 12,000 SF of usable air rights available.

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State

NY

Location

Between 161st and 162nd Street

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ERG PROPERTY ADVISORS 212.807.6640

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Submit All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.

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