CrezlyOff-Market Offering

10 Unit Multifamily Bronx

$2,500,000

Multifamily · 10 units · 8,500 SF

Asking Price
$2,500,000
Price / SF
$294
Building SF
8,500
Units
10
Asset Type
Multifamily

Investment Highlights

New-construction 10-unit multifamily, ~8,500 SF. Annual rent roll $185K. 421-A tax abatement through 2053. Asking $2.5M (~13.5x GRM). No financing contingency. Average Expenses: 28-34K Apt# 2A, 3A, 4A have identical layouts. ( one bedrooms) 2B and 3B identical layout ( studios) 2C and 3C identical to one another (studios) 1a $1475.18 she is moving out so we will raise by 3 or 5% 1b 1420.54 she is moving out 2a $1518.70 2b $1689.61 2c $1529.81 3a $1728.17 3b 1693.73 3c $1201.44 4A $1437.73 plus 3 or 5% 4b $1592.63 water bill is about $8000 a year taxes are $4500 a year mangem fee is $6000 a year electric $2000 year fire alarm is $3000 a year rapiers are $8000 a year the rest is about $3000 a year super $5000 a year
Yaniv Grinberg
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/bronx-new-construction-10-unit-multifamily/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.