668 E 226th Street, Bronx, NY 10466

$5,500,000

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List Price
$5,500,000
Days on Market
58
MLS#
1008760
Number Of Families
30
Status
ACTIVE
Lot Size
9595

Property Description

Eileen Kolesar Gardens (668, 670 & 674 E 226th Street, Bronx, NY) WHERE THE NUMBERS DO THE TALKING. This is the deal you've been underwriting in your head, the one where the expenses are real, the financing is already done, and the income holds. Eileen Kolesar Gardens isn't a value add pitch dressed up with potential. It's a fully operational, 30 unit, 3 building portfolio that walks in the door with every major advantage stacked in your favor. The mortgage? Assumable. In a market where financing is the first obstacle, this property hands you a solution before you even ask the question. TAXES? Abated. Your bottom line is protected from day one. Heat, Water and Cooking gas? Landlord-paid. Tenants stay. Vacancies shrink. NOI holds. Expenses? Extremely low. This isn't marketing language it's the actual operating profile of a 2008-built property designed and managed to perform. 30 apartments. 3 buildings. One rare opportunity to acquire a stabilized Bronx multifamily asset where the cash flow story doesn't require imagination — it requires a calculator. Eileen Kolesar Gardens won't need a second showing. It will need a best offer.

Additional Information

Year Built
2008
Stories
4
School District
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Elementary School
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Middle School
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High School
Contact Agent
Total Taxes
2348
Heating
Natural Gas
Parking
None
Basement
Common
Water
Public
Sewer
Public Sewer
Taxes
$2,348

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Yara Annechiarico (yara@athomewithyara.com) from Listing Office: At Home With Yara Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.