3129 Perry AVE Active

Bronx,NY 10467

$ 1575000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID L3590180

HOA Y/N No

Rental Info No

Year Built 1966

Annual Tax Amount $56,124

Lot Dimensions 50x110

Property Sub-Type Retail

Source onekey2

Property Description

Calling All Investors, Developers & End-Users!!! 4 Unit Mixed-Use Building With Garage For Sale In The Bronx Asking Only $110 Per Sqft!!! The Building Features Great Exposure, Excellent Signage, Strong R5B/R5D/C1-4 Zoning, 11 Parking Spaces, High 9' Ceilings, (3) 2 Br. Apts., Basement With 8' Ceilings, 2 Skylights, 2 Private Driveways, Garage, Ramp, Accessible Bathrooms, LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart The Bronx On Perry Avenue In Between The Mosholu Parkway & Bronx River Parkway!!! Neighbors Include Starbucks, Citi, Extra Space Storage, Best Buy, Blink Fitness, Crunch Fitness, Walgreens, Marshalls, Burlington, McDonald's, Chick-fil-A, Dollar Tree, Aldi, +++!!! The Entire Property Will Be Delivered Vacant!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

1st Floor + LL (8,600 Sqft.): $144,000 Ann. (Available)

2nd Floor:

Apt. 1 (2,800 Sqft., 2 Br. Apt.): $38,400 Ann. (Available)

Apt. 2 (2,800 Sqft., 2 Br. Apt.): $38,400 Ann. (Available)

3rd Floor:

Apt. 3 (2,800 Sqft., 2 Br. Apt.): $45,600 Ann. (Available)

Pro Forma Gross Income: $266,400 Ann.

Expenses:

Gas & Electric: $0 Ann.

Maintenance & Repairs: $250 Ann.

Water & Sewer: $7,200 Ann.

Insurance: $4,638 Ann.

Taxes: $56,124 Ann.

Total Expenses: $68,212 Ann.

Net Operating Income (NOI): $198,188 Ann. (Pro Forma 12.58 Cap!!!)

Location

State NY

County Bronx County

Interior

Fireplace No

Exterior

Private Pool No

Building

Story 3

Others

Special Listing Condition None

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