Details
- Retail building consisting of 4 units in the Allerton neighborhood of The Bronx.
- The laundromat’s lease started in 2019.
- The laundromat has 10% escalations every five years.
- Property is located a block away from Allerton Avenue [2,5] Train Station.
- Asking Price ~ $3,650,000
- Cap Rate ~ 5.4%
- GRM ~ 14.9