Property Description

Prime 28-Unit Investment Opportunity in Williamsbridge, BronxLocated in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange.All units are fully electric-no gas-with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super's unit is also included.Additional features include:Digital video intercoms in each unitInterior & exterior surveillance cameras24 outdoor parking spacesLow operating expensesNOI: $705,068 | Net Cap Rate: 6.1%This is a turn-key asset in a thriving Bronx neighborhood-perfect for portfolio expansion with minimal management headaches.

Property Features