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1168-1174 Clay Avenue The Bronx, NY 10456

237212383 40.83119 -73.91095 2446 /listing/237212383-150290216/1168-1174-clay-avenue-the-bronx-ny-10456 False 0 3396000.0 2850 105 28 20 4922941 False
  • $3,396,000
  • 28 bd
  • 20 full ba
  • 2,850 sqft
  • 0.03 lot
  • Est payment $18230.46/mo

Property & Neighborhood Info

Courtesy Of Charles Rutenberg Realty, Inc.

Multi-Family in Bronx

CHECK THIS OUT! Package deal strictly for investors only. Located in the Long wood section of the Bronx, New York City, we present 4 newer constructed brick 3 family houses with MLS#s 4921055,4922891,4922920,4922922. All with uniformly designed layout and outlook. Awesome location, close to Manhattan. Each of these four 3 family houses features open concept living room/dining room combo, crisp and clean design kitchens and 2 beautiful bathrooms on each floor. A casual stroll through the living room of the first floor units will expose you to a fenced rolling green lawn, thus creating a very cozy homely ambiance at each backyard. With a total of 8 three bedrooms, 4 one bedrooms (12 bedrooms total), and 4 finished basements with 4 one car garage on each house, these newer constructed properties are worth your investment. Invest today and smile tomorrow. Gross income from the 4 houses is $233,400/pa. Expenses is $21,200/pa, net operating income is $212,200/pa. Tax is less than $400/pa (25 yrs tax abatement active, remaining 13 yrs), cap rate is 6% approx, and will increase to 8.7% if seller increases the current rental incomes to meet the current market value. Present rental values are below market value. Only 2 active leases. All other leases are expired. Close to all public transportation and each property is R7 zoning. Purchase today, hold for some years, resale and harvest your American dream! Call me!!! PLEASE SEE ATTACHED DOCUMENT FOR INCOME AND EXPENSE BREAK DOWN.

Courtesy Of Charles Rutenberg Realty, Inc.
  1. 28 Beds
  2. 20 Full Bath
  3. 2,850 Sq. Ft.
  4. 0.03 Lot

Main Features

  • Year Built: 2006
  • Full Bath: 20
  • School District: Call NYC DOE
  • School District2: Call NYC DOE
  • School District3: Call NYC DOE
  • School District: Bronx
  • County: Bronx
  • Taxes: $100.00
  • Tax Year: 2018
  • Units: 3
  • MLS Number:4922941

Additional Features

  • Air Conditioning:
    • Window Units
  • Attic:
    • Dormer
  • Age Description:
    • Actual
  • Property Type:
    • Multi-Family 2-4
  • Style:
    • Contemporary
  • Unit Description:
    • Flats
  • Basement:
    • Finished
    • Full
  • Siding:
    • Brick
    • Stucco
  • Lot Description:
    • Level
  • Parking:
    • 4+ Car Attached
    • Garage Parking
  • Parking Spaces:
    • 4
  • Gas:
    • Y
  • Heating:
    • Base Board
    • Natural Gas
  • Hot Water:
    • Gas Stand Alone
  • Trash Removal:
    • Public
  • Access Road:
    • Public
  • Adult Community:
    • N
  • Amenities:
    • 1st Fl Master Bedroom
    • 1st Floor Bedrm
    • Eat in Kitchen
    • Hardwood Floors As Seen
    • Heated Parking
    • Master Bath
    • Sprinkler Fire Sys
    • Trash Collection
    • Walk In Closet
  • Water:
    • Community
  • Water Access:
    • N
  • SQFT Source:
    • Municipality
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

Let us help you!

Mark 1 Real Estate
Mark 1 Real Estate
(845) 425-9165

1168-1174 Clay Avenue The Bronx, NY 10456

237212383 40.83119 -73.91095 2446 /listing/237212383-150290216/1168-1174-clay-avenue-the-bronx-ny-10456 False 0 3396000.0 2850 105 28 20 4922941 False
  • $3,396,000
  • 28 bd
  • 20 full ba
  • 2,850 sqft
  • 0.03 lot
  • Est payment $18230.46/mo