$2,388,000
●
House -
For Sale
1050 Lowell Street
Bronx, NY 10459
Studio
0 Bath
$15,139
Estimated Monthly
$0
HOA / Fees
-0.37%
Cap Rate
About This Property
Calling All Investors, Developers & End-Users!!! 10.03 Cap 11 Unit
Apartment Building In The Bronx For Sale!!! The Building Features
Great Exposure, Excellent Signage, Strong M1-1 Zoning, 6 Parking
Spaces, High 8' Ceilings, 5 Stories, All New LED Lighting, 200 Amp
Power, A/C, +++!!! The Property Is Located In The Heart Of The
Bronx Just 2 Blocks From I-278 Off Sheridan Blvd.!!! Neighbors
Include The Bronx Stop & Shop, ShopRite, Optimum, Macy's, AutoZone,
Burlington, Planet Fitness, Marshall's, McDonald's, CVS, Walgreens,
IHOP, Family Dollar, Popeye's, Aldi, +++!!! This Could Be Your Next
Development Site Or A Nice Addition To Your Investment Portfolio!!!
Income: Apt. A (3 Br. 1 Bath): $38,400
Ann. (Available) Apt. B (3 Br. 1 Bath): $26,604
Ann. Apt. 1A (3 Br. 1 Bath): $28,800 Ann. (Available)
Apt. 1B (3 Br. 1 Bath): $28,800 Ann.
Apt. 2A (3 Br. 1 Bath): $38,400 Ann. (Available)
Apt. 2B (3 Br. 1 Bath): $38,400 Ann. Apt. 3A
(3 Br. 1 Bath): $24,648 Ann. Apt. 3B (3 Br. 1 Bath):
$24,564 Ann. Apt. 4A (3 Br. 1 Bath): $25,932 Ann.
Apt. 4B (3 Br. 1 Bath): $30,007 Ann. Apt.
11 (3Br. 1 Bath): $38,400 Ann. (Available) Gross Income:
$342,955 Ann. Expenses: Heat: $20,000 Ann.
Electric (Common Areas Only): $2,400 Ann. Maintenance &
Repairs: $10,000 Ann. Water & Sewer: $20,000 Ann. Insurance:
$10,000 Ann. Taxes: $40,960 Ann. Total Expenses:
$103,360 Ann. Net Operating Income (NOI): $239,595 Ann (Pro
Forma 10.03 Cap!!!)
Unit Size
-
Days on Market
300 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,413
HOA Dues
-
Year Built
1911
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3489374)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 5, 2023 | Listed by All Island Estates Realty Corp | $2,388,000 | |
Listed by All Island Estates Realty Corp | |||
Mar 10, 2011 | Sold to 209 M Corp | $825,000 | |
Sold to 209 M Corp |
Property Highlights
Exterior Details
Property Information
Square Footage : 10950
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1911
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.09
Lot Size Square Feet: 3900
Lot Size Dimensions: 39x100
Financial Details
Tax Annual Amount: $40,960
Utilities Details
Heating: Oil
Location Details
Directions: Whitlock Ave to Lowell St.
County or Parish: Bronx
Other Details
On Market Date: 2023-07-05
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes