Parkchester Real Estate

700-710 Bartholdi Street, Mosholu, NY 10467

[Mosholu Real Estate, listing number 7294263]



Description: 7294263
   A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modern

Details:
   Families: 20
   Property Type: House
   Acres: 0.11
   Built: 2012
   School District: Contact Agent

Financials:
   Price: $3,000,000
   Taxes: $6,907

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