3530 Mickle Avenue,Bronx, NY 10469
Bronx, NY 10469
Description
Prime 28-Unit Investment Opportunity in Williamsbridge, Bronx Located in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange. All units are fully electricno gaswith tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included. Additional features include: Digital video intercoms in each unitInterior & exterior surveillance cameras24 outdoor parking spacesLow operating expensesNOI: $705,068 | Net Cap Rate: 6.1%This is a turn-key asset in a thriving Bronx neighborhoodperfect for portfolio expansion with minimal management headaches.
Details
| MLS # | L3593290 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2018 |
| Days On Site | 642 |
| Listing Provided By | Blue Key Real Estate Brokerage | Reginald Brannen |
Features
| SQ Feet | 17,000 |
|---|---|
| Story(s) | 4 |
| Units | 28 |
| Building(s) | 1 |
| Zoning | R5 |
| Acreage | 0.39 |
Interior
| Heating | Electric, ENERGY STAR Qualified Equipment |
|---|---|
| Interior Features | Smart Thermostat |
| Window Features | ENERGY STAR Qualified Windows, Insulated Windows |
Taxes
| Tax Annual Amount | 3698 |
|---|---|
| Tax Lot | 24 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10469 |
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10469 |