OWNER FINANCING AVAILABLE WITH 20% DOWN PAYMENT. CALL TO INQUIRE.
Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
Property Features
Heating Information
Natural Gas
Radiant
Parking
No Garage
None
Basement
Finished
Full
Cooling Information
Wall/Window Unit(s)
Water Features
Public
Garage
false
School Information
School Information for 1945 Gleason Avenue, Bronx, NY 10472
Elementary School
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Middle School
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High School
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Listing Courtesy: Keller Williams Realty NYC Grp - 718-697-6800