1 E Burnside Ave - Apartments FOR SALE


Bronx, NY 10453
$2,500,000 USD
917-559-4584
1 E Burnside Ave, Bronx, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/10
null | 16.26% Cap Rate

1 E Burnside Ave
Bronx, NY 10453


HIGHLIGHTS

  • Heavy foot traffic
  • Next to #6 subway E Burnside Stop
  • Strong Retail Location

OVERVIEW

Concourse Realty Partners has been exclusively retained to arrange the sale of two properties: a corner mixed-use building located at 1 East Burnside Avenue and a one story retail building 2056 Jerome Avenue in the Bronx. Spanning a total of 16,044 square feet, the buildings contain 7 commercial units and 8 rent stabilized residential units. The retail spaces benefit from high foot traffic, located on a busy part of Burnside Avenue and Jerome Avenue.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

12

PRICE/UNIT

$208,333

CAP RATE

16.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C4-4D

APN/PARCEL ID

03179-0001

ASK ABOUT THIS PROPERTY

David SimoneConcourse Realty PartnersMore Info
917-559-4584

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David SimoneConcourse Realty PartnersMore Info
917-559-4584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.