6 fully leased commercial units generating over $70,000 NOI. Priced at 7.51% cap rate. Long term tenants, short term gross leases. Good condition roof, no leaks. New double unit wifi controlled 6 head mini split HVAC system treats entire building. Fully electric environmentally friendly building, no gas or oil. Perimeter security cameras. No Smoking building. Quiet Sunny Corner Location with alternate Spencer Avenue address. 3 blocks from Broadway on major Riverdale thoroughfare. Close to Henry Hudson Parkway and MTA & Westchester bus routes, 1 mile to NYC Subway.
Location, Location, Location!!! Terrific opportunity to own a great Commercial property in the heart of Woodlawn Heights section of the Bronx This Detached Brick Mixed-use building consists of over 4000 square feet of Mixed-use space. The main Floor is a Commercial tenant- (Bar owner- which is NOT included in the Sale. Current Bar lease expires in 14 years). The 2nd and 3rd floor consists of (3) 1 Bedroom apartments and (1) 2-bedroom unit. -($900, $800 and $850 and $1000). Each apartment pays its own Electric and Gas. (No Leases). The building has great potential and even better upside to maximize rents. Some upgrades over the years include Ductless Split unit system along with a New Gas Boiler and all New electric service into the building. This building is centrally located to Metro North Train, Buses, Shopping centers, parks and 25 min to NYC. Property Taxes of $30k can be grieved as well. ***(The building must be purchased with all 4 Tenants in place, Sellers are not asking anyone to Vacate) ***
Solid Brick Three Story Building Several Recent Upgrades Owned by a Major Developer Since 1982. Incredible Maintenance New Boiler - 2023 New Hot Water Heater - 2023 Complete Eastern Exposure (Facing Broadway) Pointed then Spray Water Proofed - 2023 New Tub & Sub Floor in Top Floor Bathroom - 2023 Interior Renovation 2nd Floor Apartment 3 bed 1 bath - 3rd Floor apartment 3 bed 1 bath - 2023 Back Yard Tree Trimming & Complete Clean Up - 2023 Entire Front Facade of Building Renovated & Painted including Window Lintels - 2023 Solid Long Term Tenants in Each Apartment in Building Long Term Incredible Operators of Fabulous Gourmet Food Store that has Been in Business over 100 Years A Staple in the Neighborhood. Incredibly Low Taxes. A GREAT BUY!!!!!
Property available for professional use - Attorney or medical practice or doctor live-in or attorney practice and live in as well... Units includes 4 rooms, one bathrooms.Can be reconfigured for desired use. Clean, well-maintained building includes a doorman and live-in superintendent. Close proximity to schools, shops, eateries, and banks as well as public transportation and major highways makes this a central location. Perfect for business! High Ceilings, large windows, and hardwood floors throughout unit. Amenities include a doorman, live-in super, and on-site laundry. Pet friendly! Close proximity to schools, shops, eateries, and banks as well as public transportation and major highways makes this a central location. Fifteen minutes to midtown East or West.. No car needed! Convenient! This is an extremely rare opportunity for someone in the Health care industry or for a medical office...WILL NOT LAST IN THIS MARKET...
Welcome to 4615-4617 White Plains Rd :) reconstructed in 2008, this building is a fantastic investment opportunity with 7 residential units and 2 commercial spaces that can be used for a clinic or office. This extraordinary opportunity awaits savvy investors! Picture this: a 7-family home, already a lucrative investment with tenants in place, ready to deliver immediate returns. Providing a diverse revenue stream and excellent opportunity for anyone looking to expand their real estate portfolio or start a new investment venture. Brace yourself for a world of upgrades including a sprinkler system throughout the building to save on insurance and enhanced value! Conveniently located in the Wakefield neighborhood, this gem is perfectly positioned offering easy access to all transportation options. The property sits on a double lot and is fitted with ten (10) car parking that can easily generate additional income!
Exclusive Commercial Diamond in the Rough! This One-of-kind Commercially Zoned M1-1 Building Has All the Right Opportunities for Any Business, Place of Assembly or Light Manufacturing. This Gorgeous Energy Efficient Building sits on 100 x 50 Corner Lot and Amasses 8800 Sq Ft of Usable Space. There is a Great Room with 3 Bathrooms and separate Entrance for a second-floor Office with Renovated Lavatory. The Fully finished Basement has an Incredible Open Floor Plan for Storage and Additional Offices. Centrally Located to All Transportation and Highways! A Must See!
Calling All Investors, Developers, & End-Users!!! Unique 2 Unit Bayfront Mixed-Use Property In Throgs Neck For Sale!!! The Property Features Excellent Signage, Great Exposure, Strong C3A Zoning, 16 Parking Spaces, High 8' Ceilings, Separate Meters, Low Property Taxes, 6 Lots (27, 28, 29, 30, Part Of 60 + 62), 2 Car Garage, Huge Yard, Full Metal Pier, Massive Private Beach, Private 250' Boat Dock, Jacuzzi, In Ground Saltwater Pool, Seaplane Ramp, Separate Entrances, Gated Lot, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Throgs Neck On A HUGE 16,300 Sqft. Lot Just A Few Blocks From I-695/I-295. This Property Also Has Reparian Water Rights (120 x 250)Neighbors Include Starbucks, UPS, The Home Depot, Target, Dunkin', Walgreens, CVS, Planet Fitness, Five Guys, T.J. Maxx, The Bronx Zoo, Mobil, Sunoco, Taco Bell, McDonald's +++!!! The Entire Property Can Be Delivered Vacant. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Br. Main House (1,200 Sqft.): $120,000 Ann. (Available) 3rd Floor 2 Br. Apt. (900 Sqft.): $48,000 Ann. (Available) 1st. Floor 2 br. Apt. (1,100 Sqft.): $50,400 Ann. (Available) Rear Unit (600 Sqft.): $26,400 Ann. (Available) Garage 1: $36,000 Ann. (Available) Garage 2: $36,000 Ann. (Available) Boat Slip Rental: $31,250 Ann. (Available) Pro Forma Gross Income: $348,050 Ann. Expenses: Insurance: $5,800 Ann. Taxes: $15,050 Ann. Total Expenses: $20,850 Ann. Net Operating Income (NOI): $327,200 Ann. (Pro Forma 13.92% Cap!!!)
Gem for developers!!! Great opportunity to purchase this highly desirable R7 zoned property in "Highbridge" nestled between residential buildings Just 8 blocks from Yankee Stadium! 25x100 lot currently used as a parking garage with bonus space being sold "as is". Call to schedule a showing right away- this property is primed for development! Confirm all tax information with NYC. See NYC Website for explanation for R7 zoning.
Great Opportunity! 3910 White Plains Rd! Steps away from the 2# & #5 Subway station and Metro North Station. Currently occupied by a nail spa that's owner operated and can be delivered vacant. There a total of 3 retail spaces that can we used for retail, office or converted into residential space. The purchaser will need to consult with an architect. Spacious finished basement with separate entrance and full length of the building. High ceilings throughout the building. The photos are virtually staged. Conventionally located steps away major highways, shopping Hubs, public transportation, express busses, schools and hospitals.
Auto Body Shop Business For Sale. Comes With All Equipment and Materials. Inside fits 5-6 Cars and Outside Fits 4-5 Cars. Lifts, Spray Curtain, Compressors, Paint Room, And Much More Included. 5 Year Lease Remaining.
Investment Opportunity with these two Buildings, 2490 Davidson Ave Bronx, and 20 West 190 Street Bronx, totaling 73 apartments 16 apartments are fully renovated and Vacant 6 Story Walk-up Apartment Building Access to Everything: Subway station, buses, shops, schools, Restaurants and much more A/O Contract Out
Two Family + One Commercial Unit + BSMT A unique and rare real estate offering for an end user or investment. This mixed-use property offers a blend of residential comfort and commercial potential. Upstairs, discover two well-appointed apartments, each offering two bedrooms and two full bathrooms. This attached building features a spacious storefront on the first level. Also includes basement area, providing additional 800 sqft storage, ideal for a variety of business ventures, paired with a private entrance leading to residential units above. High Traffic Area, easy access to local amenities, shopping, dining, and public transportation, making it an ideal spot for both living and conducting business.Term asset appreciation potential. Store Tenant Lease Expires 08/31/24 Store pays: $3,000. Apartments Projected Income As per The Housing Auth. $3,027 Each Gross Monthly: $9,000 Gross Annual Income: $108,000. Owners Expenses: Tax: $3,000 Water: $1,500 Heat: $3,600
A Unique Opportunity to own a beautiful church property located the Pelham Bay area of the Bronx. In need of TLC, this church offers a large Cathedral, downstairs kitchen area, 2 Offices, 3 bathrooms and a baptism pool under the pulpit. Zoned R7-1, this property also has potential for 13,000 additional buildable square foot development site. In close proximity to the 4,5,6, Subway lines, Bus and Shopping area.
Rare opportunity, one story corner building with favorable C1-3/R8 Zoning. Excellent development option or for user. High demand neighborhood for new construction residential units, commercial and community facilities. Abundant transportations available with the 4, B, D train and bus lines.
Welcome to 1549 Selwyn Avenue, located in the thriving Claremont section of the Bronx. This property is an outstanding investment opportunity, offering a mixed-use structure that combines modern living spaces with the convenience of a medical office. Located in the heart of Claremont, this property enjoys the benefits of urban living with easy access to a range of amenities and transportation options. Fully detached, durable brick construction that exudes timeless charm. A total of four parking spaces. Property is fully occupied. Residential units are fully renovated, each designed with modern living in mind. A dedicated medical office space within the property. This property promises strong income potential. This investment is fully occupied and blends contemporary residential living with a functional medical office space. Its prime location, solid construction, and substantial income make it an attractive investment for those seeking a reliable source of rental income.
City Island Waterfront Restaurant. Waterfront - They Aren't Making It Anymore so Call Your Agent to See it Today! Includes additional 300ft plus of water rights. 26 parking spots 54 plus with valet. Building with 2 apartments. The restaurant includes 100 person capacity outdoor dining area. The Restaurant Kitchen includes Capacity to put out 1,000 plus meals per day 2- Salamander Broilers 4- Convection Ovens 3- Frialators 1-Steamer with space for more cost $30,000 2-Working Ice Machines 2-Bread Warmers 1-Giant Freezer 2-Walk In Refrigerators Lots of extra storage space.
A Commercial 7 Unit Mix use building, 1 Commercial unit with full basement, 6 occupied tenanted units, each, 2 bedrooms, 1 Bath, large living room and kitchen.
Introducing a remarkable warehouse property now available for sale in the esteemed neighborhood of Hunts Point/Crotona Park in the Bronx, NY. This commercial space offers a generous 29,000 square feet, including an office space spanning 7,000 square feet. The property boasts a buildable square footage of 44,000, ensuring ample space for your needs. Equipped with a reliable sprinkler system, the property features ceilings ranging from 12 to 14 feet, along with convenient exterior docks for loading purposes. It's important to note that the property actually comprises three floors, contrary to the inaccurate depiction of two floors. Additionally, the property is also open for leasing opportunities. Zoned as R7-A/C2-4 and with a lot size of 11,000 square feet, this versatile space holds immense potential for residential development, industrial ventures, medical facilities, and retail establishments. The annual real estate tax for the property amounts to $58,992.68.
Why pay high rent, when you can get this amazing investment opportunity. Come see this great professional space in a doorman building, in the heart of Riverdale. Formerly a dentist office, and still can be, this space can be suited for any professional needs. There are plenty of options to create the space for you. Close to Public transportation (Bus, Trains, Major Highways), Close to large Shopping center, and a mere 15-20min drive to the UWS. This is a great opportunity not to be missed!
Calling All Investors, Developers & End-Users!!! This fantastic property located on business White Plains road and 241 street. Mix use property 4 residential units and 2 ground floor commerical units. The property will be delivered vacant. Please provide pre-approval or proof of funds before viewing, Contact your agent for all showing
Looking for 5.1 cap rate?? then look no further! This unique 6 unit Mix use building w/huge upside potential is ready to go! 3 Commercial units and 3 residential units. Don't miss out on this golden opportunity to seize a slice of this high traffic property located in the Bronx's thriving community of Castle Hill/ Parkchester area. This property is poised for growth and sustainability. The residential units are 2-two bedrooms, 1-one bedroom. The commercial spaces are fully operational. The main anchor tenant is a Beautiful Roti Guyanese restaurant, then a Beauty Salon with heavy clientele and last but not least a Security office that serves the community for all of latest security surveillance installation. call for set up. Serious inquiries only. NO Leases!
Calling All Investors, Developers & End-Users!!! 10.03 Cap 11 Unit Apartment Building In The Bronx For Sale!!! The Building Features Great Exposure, Excellent Signage, Strong M1-1 Zoning, 6 Parking Spaces, High 8' Ceilings, 5 Stories, All New LED Lighting, 200 Amp Power, A/C, +++!!! The Property Is Located In The Heart Of The Bronx Just 2 Blocks From I-278 Off Sheridan Blvd.!!! Neighbors Include The Bronx Stop & Shop, ShopRite, Optimum, Macy's, AutoZone, Burlington, Planet Fitness, Marshall's, McDonald's, CVS, Walgreens, IHOP, Family Dollar, Popeye's, Aldi, +++!!! This Could Be Your Next Development Site Or A Nice Addition To Your Investment Portfolio!!! Income: Apt. A (3 Br. 1 Bath): $38,400 Ann. (Available) Apt. B (3 Br. 1 Bath): $26,604 Ann. Apt. 1A (3 Br. 1 Bath): $28,800 Ann. (Available) Apt. 1B (3 Br. 1 Bath): $28,800 Ann. Apt. 2A (3 Br. 1 Bath): $38,400 Ann. (Available) Apt. 2B (3 Br. 1 Bath): $38,400 Ann. Apt. 3A (3 Br. 1 Bath): $24,648 Ann. Apt. 3B (3 Br. 1 Bath): $24,564 Ann. Apt. 4A (3 Br. 1 Bath): $25,932 Ann. Apt. 4B (3 Br. 1 Bath): $30,007 Ann. Apt. 11 (3Br. 1 Bath): $38,400 Ann. (Available) Gross Income: $342,955 Ann. Expenses: Heat: $20,000 Ann. Electric (Common Areas Only): $2,400 Ann. Maintenance & Repairs: $10,000 Ann. Water & Sewer: $20,000 Ann. Insurance: $10,000 Ann. Taxes: $40,960 Ann. Total Expenses: $103,360 Ann. Net Operating Income (NOI): $239,595 Ann (Pro Forma 10.03 Cap!!!)
Exclusive Multi-Family Commercial Mixed-Use Property on 2 Tax Lot Property! This Unique Property sits on a 25 x 100 Lot and Adjoining 50x100 Lot utilized for Prime Parking & Commercial storage. The Mixed Use Building occupied by 1st floor Commercial Tenant with Supreme offices and a reception area. In addition, The Second-floor Residential 2-bedroom Unit is fully Leased & updated. The Ground floor Basement is spacious and is the perfect addition for Storage or Tandem space to the 1st-floor Offices! Conveniently located within the Medical Mile of All Major Hospitals & Transportation! The Perfect Property for Satellite Business & Medical Practice!