Multifamily
3546 Bronx Blvd
3546 Bronx Blvd, The Bronx, NY 10467
Listing Price: $975,000
Investment Overview
Marcus & Millichap is pleased to offer for sale on an exclusive basis 3546 Bronx Blvd in the Bronx, New York (Block & Lot 4641 & 20) Zoned R6A.
The subject property is a three story walk up building with a total of 7 residential apartments.
The building size is approximately 4,560 square feet with dimensions of 20 ft x 76 ft, and a lot size of 25 ft x 100 ft.
The property is zoned R6A with a FAR of 3 and it is associated with approximately 2,950 square feet of unused air rights.
The property is located along Bronx Blvd between E 211th and E 213th streets off the Bronx River Parkway, and very close to 2 & 5 Gun Hill Road subway station.
This is a value add opportunity where rents are substantially low compared to current collected rents in similar properties.
100% collection rate throughout the Covid-19 Pandemic
Long term hold for upside in rents.
Exclusively Listed By
Listing Price: $975,000
Investment Highlights
- Zoned R6A with a FAR of 3. unuse
- 2,950 SF of unused air rights.
- Rents are low enough for the the building to continue experiencing 100% occupancy.
- 100% collection rate throughout the Covid-19 Pandemic.
- Very close to 2&5 Gun Hill Road subway station.
Investment Overview
Marcus & Millichap is pleased to offer for sale on an exclusive basis 3546 Bronx Blvd in the Bronx, New York (Block & Lot 4641 & 20) Zoned R6A.
The subject property is a three story walk up building with a total of 7 residential apartments.
The building size is approximately 4,560 square feet with dimensions of 20 ft x 76 ft, and a lot size of 25 ft x 100 ft.
The property is zoned R6A with a FAR of 3 and it is associated with approximately 2,950 square feet of unused air rights.
The property is located along Bronx Blvd between E 211th and E 213th streets off the Bronx River Parkway, and very close to 2 & 5 Gun Hill Road subway station.
This is a value add opportunity where rents are substantially low compared to current collected rents in similar properties.
100% collection rate throughout the Covid-19 Pandemic
Long term hold for upside in rents.
Exclusively Listed By
