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New York NY, 10473 $8,500,000

Retail Commercial  

Details ML#: H6332326  

  • Sale or Rent:Sale
  • Status:Active

Description

Welcome to this exceptional investment opportunity located in a prime area. The property includes a building with 10 storefronts and is being sold as a package with the vacant lot at 1927 Gildersleeve Ave, Bronx, NY 10473, which spans 15, 767 square feet. Don’t miss the chance to own this high-income-generating property. Buyers are encouraged to perform their due diligence. The annual rental income from the storefronts is $512, 400, with 1927 Gildersleeve Ave generating $30, 000 annually, and the vacant lot providing an additional $12, 500 in annual rental income. The annual expenses include taxes of $100, 000 and insurance costs of $12, 000. Located just a block away from the ferries to Manhattan, this property is in a rapidly developing area. Don’t miss the opportunity to own this high-income-generating building! DO NOT DISTURB TENANTS. CALL TO MAKE AN APPOINTMENT FOR ALL SHOWING.

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Appliances & Utilities

Heat: Natural Gas, Hot Water   A/C: Ductless   Water: Public  

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  1. Presented by
    Daniel Gale Sotheby’s International Realty - Nancy Jarvis
    • NY Residential RE
    • Licensed Real Estate Broker
    • (917) 921-9108
    •   Contact Us
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