Rare opportunity to acquire 10 newly finished studio apartments, each with its own individual HVAC system, modern kitchen with stainless steel appliances, quartz countertops, and stylish bathrooms. Bright, open layouts maximize natural light and feature high-quality finishes throughout, providing move-in-ready comfort and long-term appeal. Currently fully vacant, these units offer investors a turnkey opportunity with strong rental potential. At full occupancy, projected gross income is $24,040/month ($288,480/year), resulting in a potential market capitalization (cap rate) of ~8.2% at the asking price of $3.2M.
| MLS # | 974393 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 201 |
| Listing Provided By | Metro Scape Realty LLC | Artan Volaj |
| SQ Feet | 4,896 |
|---|---|
| Units | 10 |
| Zoning | R6 |
| Acreage | 0.08 |
| Cooling | Electric |
|---|---|
| Heating | Electric |
| Construction Materials | Brick |
|---|
| Parking Features | Alley Access |
|---|
| Utilities | Cable Available, Electricity Connected, Phone Available |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 79620 |
| Tax Annual Amount | 8173.4 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
| Listing VS Median (in 10462) | |
Price: $3,200,000 low | high Med: $290,000 sqft: 4,896 low | high Med: 622 $ / sqft: $654 low | high Med: $466 On site: 201 low | high Med: 142 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
| Listing VS Median (in 10462) | |
Price: $3,200,000 low | high Med: $290,000 sqft: 4,896 low | high Med: 622 $ / sqft: $654 low | high Med: $466 On site: 201 low | high Med: 142 | |