3641 Johnson Avenue Bronx, NY 10463

Located in the heart of Riverdale, just off the Henry Hudson Parkway, this 34,400+ Sqft apartment building contains 26 units. Built in 2019, the building features strong R7A zoning and is located minutes from Riverdale Park, Manhattan University, and Van Cortlandt Park. The property offers excellent signage and great exposure. The building includes 6 parking spaces, high 8' ceilings, a virtual doorman, and a security system. Additional amenities include 2 bicycle rooms, a laundry room, an elevator, a private gated driveway, a multi-level terrace area, and a large yard. It is equipped with a ramp, garbage chute, and sprinklers, along with all new LED lighting and 3-phase power. Central air conditioning is installed throughout. Access to the building is available via key, key fob, or face ID. The property is located near Starbucks, Chase Bank, Wells Fargo Bank, Target, Stop & Shop, CubeSmart Self Storage, Wendy's, Subway, Bob's Discount Furniture, and Liberty Tax. The building has a 421a. Unit sizes range from 689 Sqft to 1,062 Sqft. The pro forma gross income is $1,003,200 annually, with total expenses of $122,100 annually, resulting in a net operating income of $881,100 annually (Pro Forma 6.34 Cap).