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1119 Morris Avenue New York, NY 10456
$1,500,000
  • Commercial
  • 6401 SqFt
  • Year Built 1927
  • Multi Family
  • ML# H6332951

Property Details

Overview

PLEASE EMAIL OFFERS TO MSOLER@SOLERREALTYNYC.COM This expansive 5-family building, located in the Bronx, boasts over 6, 000 square feet of living space, featuring three 3-bedroom units and two 2-bedroom units. With a projected Cap Rate of 10%, this property is an ideal investment opportunity, especially once fully renovated. Plus, it will be delivered vacant, giving you full control over upgrades and tenant selection. There’s additional potential to convert the units into more bedrooms, maximizing rental income given the property’s large size. Conveniently located just a short walk from the B & D trains, this building is perfect for commuters and presents significant upside for investors. Don’t miss this chance to make a great return!

Key Facts

  • SqFt: 6401.00
  • Lot Size: 0.0805
  • Lot Sq Ft: 3507
  • Taxes: $16,950
  • Sale or Rent: Sale
  • School District#: 999
  • School District: Bronx

Additional Features

  • Parking Spaces: Yes
  • Parking Facilities: Other

Rooms & Floor Plans

  • Bedroom: 13
  • Full Bath: 9

Interior & Utilities

  • Heat: Natural Gas, Radiant
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $16,950
Listing Information provided courtesy of Soler Realty  917-710-3528
OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
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