Ryer Ave Bronx, NY 10457

Ryer Ave Bronx, NY 10457

  • Three story multi-family building with 5,600 SF of unused FAR
  • Two existing section 8 tenants have no leases- rent can easily be raised to $2,350, as this is what the program will pay for a 4 bedroom
  • Minutes away from Bronx Community College and St. Barnabas Hospital
  • Two blocks away from the E 180th St / Webster Ave [Bx36] station and the Grand Concourse / E 180th St [Bx1, Bx2] station
  • Three blocks away from the 182nd St /183rd St [B, D] Stations
  • Price – $ 725,000
  • GRM – 10.42
  • CAP – 7.55 %

Details

  • Three story multi-family building with 5,600 SF of unused FAR
  • Two existing section 8 tenants have no leases- rent can easily be raised to $2,350, as this is what the program will pay for a 4 bedroom
  • Minutes away from Bronx Community College and St. Barnabas Hospital
  • Two blocks away from the E 180th St / Webster Ave [Bx36] station and the Grand Concourse / E 180th St [Bx1, Bx2] station
  • Three blocks away from the 182nd St /183rd St [B, D] Stations
  • Price – $ 725,000
  • GRM – 10.42
  • CAP – 7.55 %

Additional Information

Asset Type

Multifamily

City

Bronx

Neighborhood

Tremont

Broker

Mark Akilov

Price

$ 725,000

Map

 

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