Property Listing No Longer Available for Sale

2430 Lyvere Street, Bronx, NY

Multi-family for Sale - $2,500,000 - 10,534 Sq. Ft.


Property Info

CIMLS#988639
Location
  2430 Lyvere Street
  Bronx NY 10461
UpdatedMarch 8th, 2018
TypeMulti-family
Price$2,500,000
Building10,534 Sq. Ft.

Property Description

13 family, 3 story brick building in the vicinity of Montefiore-Albert Einstein medical center built in 2010 includes 3-studio apartments, 6-one bedroom apartments, and 3-two bedroom apartments. The current rent roll is $195,700 and the expenses including taxes, water, electricity, insurance is $25,400. Tenants pay their own heating, air conditioning and is supplied thru hotel style units. This building offers state of the art intercom, security and fire prevention as well as steel stairwells. There is an open room that may be able to be utilized for a ground floor laundry facility or possibly an on-site superintendent. There are 8 outdoor parking space that are electronically gated off. The building also has a 15 year tax abatement, taxes are currently $2,355 for the year. Insurance-$7,520, Con Ed-$4,691, Water & Sewer-$10,805 per year. Current rent roll does not reflect potential parking fees of $800 per month and possible on site Laundromat.


Financials



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