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2968 Middletown Road The Bronx, NY 10595

240245256 40.84359 -73.830635 2446 /listing/240245256-150290216/2968-middletown-road-the-bronx-ny-10595 False 0 4200000.0 5833 101 4940390 False
  • $4,200,000
  • 5,833 sqft
  • Est payment $22546.51/mo

Property & Neighborhood Info

Courtesy Of Houlihan Lawrence Commercial

Commercial in Bronx

Building has 4 tenants, one being the US Post Office. For PO, owner pays water and tax increases. Other 3 tenants pay own water and 25% of tax increases. All tenants responsible for own gas and snow plow expenses. Owner pays property insurance ($8,000/yr).Rents:Tenant 1 (PO) $6,900 mo (1 yr left of 20 yr lease w/10 yr option) (increase of $700 every 5 yrs)Tenant 2 $3,900 mo (lease exp 6/30/25, 5 yr option)Tenant 3 $4,100 mo ($100 yearly increases) (lease exp 2/28/26, 5 yr option)Tenant 4 $3,700 mo (lease exp 3/31/22, 5 yr option)Annual income: $223,200Annual expenses (tax, insurance, maintenance): $45,330NOI: $177,860

Courtesy Of Houlihan Lawrence Commercial
  1. 5,833 Sq. Ft.

Main Features

  • Year Built: 1932
  • School District: Bronx
  • County: Bronx
  • Taxes: $36,336.00
  • Tax Year: 2017
  • Zoning: Commercial
  • Subdivision: Bronx
  • MLS Number:4940390

Additional Features

  • Air Conditioning:
    • Central
  • Property Type:
    • Commercial
  • Lot Description:
    • Corner Lot
  • Heating:
    • Base Board
    • Natural Gas
  • Hot Water:
    • Gas Stand Alone
  • Access Road:
    • Public
  • Water:
    • Municipal
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.
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Mark 1 Real Estate
Mark 1 Real Estate
(845) 425-9165

2968 Middletown Road The Bronx, NY 10595

240245256 40.84359 -73.830635 2446 /listing/240245256-150290216/2968-middletown-road-the-bronx-ny-10595 False 0 4200000.0 5833 101 4940390 False
  • $4,200,000
  • 5,833 sqft
  • Est payment $22546.51/mo