2152 Muliner Ave Bronx, NY 10462

Listing agency Metro Scape Realty LLC i***@metroscaperealty.net Show Phone

Listed by Artan Volaj Show Phone

Source Exprealty

Added: Mar 20 Updated: Jul 10 at 1:42PM Checked: Jul 21 at 9:51PM

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Investment Insights

Based on property information with market context.

This property features ten newly finished studio apartments, each equipped with an individual HVAC system. The apartments include modern kitchens with stainless steel appliances and quartz countertops, along with stylish bathrooms. The bright, open layouts are designed to maximize natural light and feature high-quality finishes throughout. The units are currently fully vacant, presenting a turnkey opportunity for investors. The projected gross income at full occupancy is $24,040 per month, or $288,480 annually. This income results in a potential market capitalization rate of approximately 8.2% at the asking price of $3.2 million.

Key Highlights

• Turnkey investment opportunity with 10 newly finished, fully vacant studio apartments.
• High potential market capitalization (cap rate) of approximately 8.2% at the asking price.
• Projected gross annual income of $288,480 at full occupancy.

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FAQs

What type of property is this?

Apartment building - Ten vacant studio apartments with modern finishes and strong rental potential.

Where is this apartment building located?

The property is located at 2152 Muliner Ave Bronx, NY.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Turnkey investment opportunity with 10 newly finished, fully vacant studio apartments.; High potential market capitalization (cap rate) of approximately 8.2% at the asking price.; Projected gross annual income of $288,480 at full occupancy.