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$ 3,200,000
Est. payment | /mo
5,388 Sqft Lot
$ 3,200,000
Est. payment | /mo
5,388 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Kingsbridge
MLS Listing ID 1068438
Rental Info No
Year Built 1924
Annual Tax Amount $97,914
Lot Size 5,388 Sqft
Acres 0.1237
Property Sub-Type Multi Family
Source onekey2
Property Description
Exceptional multifamily investment opportunity at 130 West 195th Street in the Kingsbridge section of the Bronx! This substantial 32 unit, five story brick apartment building offers approximately 24,250 square feet of building area and features classic prewar architecture with an attractive brick facade. According to the seller provided rent roll, the property is 100% occupied with a reported annual rental income of $462,996, annual operating expenses of $232,120.64, and a net operating income of approximately $230,875. The property consists of a mix of one, two, and three bedroom apartments, offering a diversified residential unit configuration. Conveniently situated in an established residential neighborhood with easy access to public transportation, including the nearby 4, B, and D subway lines, providing connections to Manhattan and throughout New York City. Just minutes from Lehman College, Fordham University, Jerome Park Reservoir, Van Cortlandt Park, the Kingsbridge Armory, shopping, restaurants, supermarkets, schools, and neighborhood amenities. The location offers convenient access to major roadways and surrounding Bronx communities. With 32 residential units, established rental income, and a desirable location near transportation and educational institutions, this property presents an opportunity for investors seeking a sizable income producing multifamily asset in the Bronx. Financial information is seller provided and subject to buyer verification.
Location
State NY
County Bronx County
Rooms
Basement Full
Interior
Heating Oil
Cooling None
Fireplace No
Exterior
Parking Features Off Street, On Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 340
Middle Schools New School-Leadership & Journal
High Schools Bronx 10
School District Bronx 10
Others
Special Listing Condition None
Listed by Real Broker NY LLC • Sophia Dedivanaj
NEARBY SCHOOLS & PROPERTIES
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477 Madison Ave 6th Floor, New York, NY
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