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1943 Gleason Avenue, Bronx, NY 10472

$1,300,000

Active

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Active

$1,300,000

Overview

Property ID: H6327566

Multi Family, Residential Income
Property Type

1928
Year Built

Description

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1945 Gleason is also for sale.