719 213th St Bronx, NY 10467-5924
- Retail residential properties
- 13,044 SF
- 0.11 lot acres
Current Use by Public Records
- D'michelle Salon / Beauty Salon
Property Details for 719 213th St
- Year built
- 1907
- Lot size
- 0.11 lot acres
- Property size
- 13,044 SF
- Zone code
- R7A
- Property type
- Retail residential properties
- APN
- 04661-0027
- APU
- 46610027
Description
This exceptional investment opportunity presents a portfolio of three multifamily buildings situated in the Northeast Bronx. The portfolio comprises a total of 34 units, including 32 residential apartments and two commercial units, offering a combined gross square footage of 23,952. The buildings, renovated in 2003, boast a diverse unit mix: seven one-bedroom, twenty-one two-bedroom, and four three-bedroom apartments. The convenient location near the 2 and 5 subway lines and various bus routes ensures high occupancy potential. The buildings are situated on a substantial land area ranging from 2,491 to 5,000 acres, with individual building sizes ranging from 3,750 to 13,044 square feet. The properties are zoned R7A, R4, R4, and R5, allowing for flexibility and potential future development. This portfolio offers a compelling 9.27% cap rate and an attractive price per unit of $70,588, making it an ideal addition to any investor's portfolio. The asking price for this exceptional multifamily investment is $2,400,000. The addresses are 719 E 213th St, 10467
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $540,000
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Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8643
- Latitude
- 40.8791
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
