ID #‎	22749920
Información	17 hab, 4 baños, Dentro de la casa: 5280 ft2, 491m2, edificio tiene 4 viviendas, edificio tiene 4 pisos DOM: 79 dias
Año de construcción	1901
Impuestos (por año)	$2,484

Calculadora de hipoteca Mortgage Calculator por mes
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房屋英文概況 English Description

Douglas Elliman has been retained on an exclusive basis to arrange the sale of 1122 Fox St, a 5,280 sqft, four-unit, walk-up townhouse, in the Foxhurst section of the Bronx. This residential building contains four floor-through, oversized apartment units. Featuring 17 bedrooms in total the layout by floor consists of the following: Unit One -- three bedrooms and one bath, Unit Two -- four bedrooms and a bath, and Units Three and Four each have five bedrooms.

A $250,000 investment was made into the property in 2018, which contributes to its low operating costs and above-market cap rate. Tenants pay for their own electricity, cooking gas, and hot water, while the owner pays for the building's heat. With the current income, the property boasts a cap rate of 9.1%, and given the updated rent guidelines an investor could achieve almost 11% as the leases are renewed.

Local shopping and restaurants are along the Westchester Ave and Southern Blvd commercial corridors. Conveniently located along the MTA's number 2 and 5 train lines, the building is only two blocks from the Simpson Street station, for a 40-minute ride into Midtown.

INVESTMENT HIGHLIGHTS
Projected 10% Cap rate
5,280 SQF
4 OVER-SIZED UNITS
LOW OPERATING EXPENSES
LOW PROPERTY TAXES
UTILITIES SEPARATED
TWO BLOCKS FROM #2, #5 TRAINS

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 The Real Estate Board of New York, Inc., All rights reserved.