Price Reduced 10.28%
Price History
$1,449,000
7/9/2022
$1,400,000
7/9/2022
$1,299,999
12/19/2022
3610 Barnes Avenue, Bronx, NY, 10467
25 beds
15 Full baths
1928
Multi Family
7,879 sqft
A/O.. Contract out. Huge Price drop!!! Offers needed ASAP. Gigantic edifice brick 10-family income producing Brownstone located in a nice residential block in the Williamsbridge section of the Bronx, New York City. The property boasts 5 (three-bedroom apartments) and 5 (two-bedroom apartments), all laid out sequentially. It is well maintained and has a brand-new Giant heating system and brand-new electrical wiring and plumbing. Centrally located in a prime location with proximity to all public transportation systems, less than one block from NYC #5&2 trains, shopping is a breeze as it's lined with 24 hrs coffee shops and stores only one block away on the historic White Plains Road shopping district. Current monthly income is $11,428.67; Yearly Income is $137,144.04. Total Annual Expenses are $49,425. NOI (Net Operating Income) = $87,719.04. All apartments will face a 5% rental increase from August, thereby increasing the CAP RATE. Only two tenants are on Programs while the rest are Cash paying tenants. All units and hallways are recently painted plus recently paved fenced-in yard space and a bonus detached storage at the rear of the property, loaded with maintenance equipment and materials. The roof is walk-up and provides entertainment space. Don't miss the chance to own this great Income Spinner. Call me today! A/O
Status:
Pending
Type:
Multi-family
Units:
10
Garage:
On Street
Heating:
Natural Gas, Hot Water
Cooling:
None
Basement:
Crawl Space, Partial
Acreage:
0.07
Est. Taxes:
$18,425
Assessment
$903,000
Construction
Blown-In Insulation, Brick
Lot Description:
Stone/Brick Wall, Near Public Transit
View Description:
Panoramic
Adult Communities:
Yes
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
New York
Days on Market:
319
MLS #:
H6195399
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Charles Rutenberg Realty, Inc. (718) 994-4002