3194 Webster Ave Bronx, NY 10467
- Apartment buildings
- 4,350 SF
- 0.05 lot acres
Current Use by Public Records
- Reynoso Business Center, LLC / Auto Insurance Agency / Life Insurance Agency
Property Details for 3194 Webster Ave
- Year built
- 1920
- Lot size
- 0.05 lot acres
- Property size
- 4,350 SF
- Zone code
- R7D
- Property type
- Apartment buildings
- APN
- 03357-0060
- APU
- 33570060
Description
This exceptional 7-unit mixed-use building in the Bronx, NY, presents a compelling investment opportunity. Priced at $1,800,000, this fully leased property boasts a substantial Net Operating Income (NOI) of $117,281, translating to a 6.52% cap rate. The 4,350 square foot building, constructed in 1920, sits on a 0.048-acre lot and features three stories. The property includes five residential units – three two-bedroom and two one-bedroom apartments – all featuring premium finishes such as refinished hardwood floors, granite countertops, stainless steel appliances, and updated bathrooms. Two commercial units, currently leased to a business center, are situated in an electric-gated storefront with flexible configuration options. A finished basement with ample storage and a private fenced backyard adds significant value. The building benefits from recently upgraded plumbing and electrical systems. The property is zoned R7D, C2-4, and its prime location on Webster Avenue ensures high traffic visibility. This turn-key investment offers immediate income and strong potential for future growth. The APN is 03357-0060.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $305,000
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Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8743
- Latitude
- 40.8733
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
