621 east 161st street bronx, ny 10456 - Agorafy
621 EAST 161ST STREET BRONX, NY 10456 Walk-Up Apartment Building
FOR SALE
8-Unit, Approximately 6,083 SF Building PROPERTY DESCRIPTION
C&W has been retained on an exclusive basis to arrange for the sale of the newly built 621 East 161st Street. The walk-up property is approximately 6,803 square feet and is located on the north side of East 161st street between Eagle Avenue and Cauldwell Avenue in the Morrisania neighborhood of the Bronx. The building has a Tax Abatement for the next 23 years. The property benefits from being within walking distance of the Prospect Avenue MTA subway station which is serviced by both the 2 and 5 subway lines. Residents are also aided by the numerous bus lines that canvas the neighborhood.
ASKING PRICE:
BUILDING FEATURES
$1,700,000
TOTAL SQUARE FEET:
6,083 (approx.)
BLOCK / LOT:
2627 / 58
ZONING/FAR:
R6
LOT DIMENSIONS:
30’ x 100’
STORIES:
4
BUILDING DIMENSIONS:
30’ x 41’
RESIDENTIAL UNITS:
8
ASSESSMENT (15/16)
$248,466
TAXES (15/16)
$381
FOR MORE INFORMATION, PLEASE CONTACT: David Simone Director (212) 660 7725
[email protected]
Jeffrey A. Shalom Executive Director (718) 307 6558
[email protected]
Michael Fioravanti Associate (212) 589 5119
[email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
EAST 140TH Rent313 Roll and Expenses:
STREET BRONX, NY 10454 Unit Tenant Status
Bedroom Count
Located1FIn The Highly Desirable MottRS Haven Section Of The Bronx
1
Monthly Rent
FOR SALE $1,000
1R
RS
2
$1,300
2F
RS
2
$1,400
2R
RS
2
$1,350
3F
RS
2
$1,400
3R
RS
2
$1,400
4F
RS
2
$1,233
4R
RS
2
$1,414
Unit
Rent
Gross Monthly Income:
$10,497
Gross Annual Income:
$125,964
2015 Expenses: Real Estate Taxes*
Actual
$381
Insurance
Actual
$2,310
Management Fee
Actual
$4,057
Super
Actual
$4,200
Utilities
Actual
$1,839
Repairs and Maintenance
Actual
$2,500
Pest Control
Actual
$2,050
Total:
$17,337
*The property has a Tax Abatement for the next 23 years
FOR MORE INFORMATION, PLEASE CONTACT: David Simone Jeffrey A. Shalom Director Executive Director (212) 660 7725 (718) 307 6558 [email protected]
[email protected]
Gross Annual Income: Less Expenses:
$125,964 $17,337
Net Operating Income:
$108,627
Michael Fioravanti Associate (212) 589 5119
[email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
FOR SALE
8-Unit, Approximately 6,083 SF Building PROPERTY DESCRIPTION
C&W has been retained on an exclusive basis to arrange for the sale of the newly built 621 East 161st Street. The walk-up property is approximately 6,803 square feet and is located on the north side of East 161st street between Eagle Avenue and Cauldwell Avenue in the Morrisania neighborhood of the Bronx. The building has a Tax Abatement for the next 23 years. The property benefits from being within walking distance of the Prospect Avenue MTA subway station which is serviced by both the 2 and 5 subway lines. Residents are also aided by the numerous bus lines that canvas the neighborhood.
ASKING PRICE:
BUILDING FEATURES
$1,700,000
TOTAL SQUARE FEET:
6,083 (approx.)
BLOCK / LOT:
2627 / 58
ZONING/FAR:
R6
LOT DIMENSIONS:
30’ x 100’
STORIES:
4
BUILDING DIMENSIONS:
30’ x 41’
RESIDENTIAL UNITS:
8
ASSESSMENT (15/16)
$248,466
TAXES (15/16)
$381
FOR MORE INFORMATION, PLEASE CONTACT: David Simone Director (212) 660 7725
[email protected]
Jeffrey A. Shalom Executive Director (718) 307 6558
[email protected]
Michael Fioravanti Associate (212) 589 5119
[email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
EAST 140TH Rent313 Roll and Expenses:
STREET BRONX, NY 10454 Unit Tenant Status
Bedroom Count
Located1FIn The Highly Desirable MottRS Haven Section Of The Bronx
1
Monthly Rent
FOR SALE $1,000
1R
RS
2
$1,300
2F
RS
2
$1,400
2R
RS
2
$1,350
3F
RS
2
$1,400
3R
RS
2
$1,400
4F
RS
2
$1,233
4R
RS
2
$1,414
Unit
Rent
Gross Monthly Income:
$10,497
Gross Annual Income:
$125,964
2015 Expenses: Real Estate Taxes*
Actual
$381
Insurance
Actual
$2,310
Management Fee
Actual
$4,057
Super
Actual
$4,200
Utilities
Actual
$1,839
Repairs and Maintenance
Actual
$2,500
Pest Control
Actual
$2,050
Total:
$17,337
*The property has a Tax Abatement for the next 23 years
FOR MORE INFORMATION, PLEASE CONTACT: David Simone Jeffrey A. Shalom Director Executive Director (212) 660 7725 (718) 307 6558 [email protected]
[email protected]
Gross Annual Income: Less Expenses:
$125,964 $17,337
Net Operating Income:
$108,627
Michael Fioravanti Associate (212) 589 5119
[email protected]
CUSHMAN & WAKEFIELD 275 Madison Avenue New York, NY 10016 nyinvestmentsales.com
The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)
