Business for Sale Overview:
This is an apartment building fully occupancy. 26 units corner lot built in 1920, lot 4,750: new boiler, five story walk-up, zoning r-7 , rent roll yearly $350,000 expense $98,212 real estate taxes $39,550. Residential area, school district 10, community board 7, new roof.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Income Property. This Property Net Annually After All Expenses $251,000 Great Return On Money located Near All Public Transportation, Subway, Bus, Metro North all In Walking Distance no Parking In The Building.
Market Competition and Expansion:
The Building rent Increase 5% on each Apartment when become vacant. Oil tank size 34 gallon. Electric fuses breakers located north east Bronx. Decatur ave and Webster ave.
Reason for Selling:
no reason
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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