1964 Cross Bronx Expressway, Bronx, NY 10472

26 Photos
 
$950,000 Sold Price
Sold on 3/23/2023
12 Beds
3 Baths
3285 SF
Built In 1930
 
Listing ID 11112619
Property Type Residential
School City of New York
Total Tax $6,318
Tax ID 03794-0044
FEMA Flood Map fema.gov/portal
Year Built 1930
   
Virtual Tour
A/O, showing for back-up. Price Drop!! Looking for an investment property in the heart of a Prime location? Spectacular opportunity to own a Massive brown brick 3-family home situated in the investors' dream neighborhood of Parkchester, The Bronx, New York City, with a promise of a consistent and progressive cash flow for an average investor. This neighborhood is awash and boasts of the most fantastic dine-out cuisines and shops in the Bronx with very high property values and is directly connected by most city buses, the #6 train, and the I-95 Throughway. Access the first floor through a polished vestibule that opens through a long and winding hallway, beautifully maintained and gleaming hardwood floor with 4 Bedrooms, livingroom/Dining with eat-in kitchen and a fully updated bathroom. A brief walk through a polished staircase introduces you to the 2nd floor which also features 4 bedrooms, livingroom/dining with kitchen and nicely kept bathroom. Unit 3 is sun-drenched and in superbly maintained condition, also with 4 bedrooms, a livingroom/dining, kitchen, and a beautifully kept bathroom. A trip downstairs brings you to a full basement, the Super's domain with a Pimped-out studio apartment and a huge, glammed-up bathroom, encased in an overall superbly maintained and functional basement with both rear and front entrances. Property also comes with a 2-car driveway located at the rear. Current total annual income is $84,660. Estimated annual expenses is $19,600. Net Operating income is $65,060. Projected income is $134,400 with a projected increase to $3,500 per apartment monthly. Super - $700 monthly. Zoning is R6. Call me!!
Property Details
  • 12 Total Bedrooms
  • 3 Full Baths
  • 3285 SF
  • 0.04 Acres
  • 1786 SF Lot
  • Built in 1930
  • Contemporary Style
  • Lower Level: Finished, Walk Out
Interior Features
  • Hardwood Flooring
  • First Floor Primary Bedroom
  • Hot Water
  • Natural Gas Fuel
  • Oil Fuel
Exterior Features
  • Brick Siding
  • Community Water
  • Community Septic
Community Details
  • Tennis Court
  • Clubhouse
  • Playground
Taxes and Fees
  • $6,318 Total Tax
Sale Information
  • Sold on 3/23/2023
  • Sold for $950,000
  • Buyer's Agent: Danny B. Agboh
  • Company: Charles Rutenberg Realty, Inc.
Previously Listed By
Charles Rutenberg Realty, Inc.
Office: 718-994-4002
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