2 Family Bronx

$770,000 Multifamily Off-Market
Price$770,000
Cap Rate12%
NOI$100,000
Price / SF$338
Building SF2,280
Lot24x87
Units2
Asset TypeMultifamily
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Investment Highlights

Belmont, BX Two Family (frame, freestanding) 20x55 ft on 24x87 ft lot, R6 zoning, taxes $5K. 9BR/ 5 Baths, EGI $120K, EXP $14,600, NOI $100K. Set up as rooming house, all tenants paying. Normal sale, $775K.

Income: $120,000

Tax: $5000
Insurance: $5200
Water: $900
Gas: $1800
Electric: $1700

Location

📍 Bronx

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Who finances deals like this

The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.

  1. JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
  2. Citizens Bank NA — 3,374 loans, typically $126K–$660K
  3. TD Bank NA — 2,670 loans, typically $117K–$500K
  4. Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
  5. United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
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Andre Kaufman
  • Andre Kaufman