1943 Gleason Avenue New York NY, 10472 Bronx SD# 999
$1,300,000
ML# H6327566
Property Picture

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1945 Gleason is also for sale.

    Presented by Maria Babaev
    Maria Babaev (516) 287-7716 maria@luxurylongisland.com