210-214-218-220-226 white plains road, Bronx, NY 10473

$8,500,000

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List Price
$8,500,000
Days on Market
657
MLS#
H6332326
Status
ACTIVE

Property 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.

Additional Information

Heating
Natural Gas, Hot Water
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mohamed S. Ally (alatmoe@gmail.com) from Listing Office: eXp 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.