• -- Beds
  • -- Baths
  • 3,572 sq ft
  • $750,000
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ATTN: Medical Practitioners and Investors. Why pay $36.00/SF for medical space when you can own this 3472 SF mixed use, medical office and residential structure and pay yourself the rent or as an investor rent the entire building. This is a 12 room medical office and a 6 room duplex residential apartment. Projected Gross Yearly Income is $87,600. Projected Yearly expenses are Taxes: $4,470, Insurance: $3,000, Water/Sewer: $2,000, Maintenance: $2,400 Total Projected expenses as Tenants pay heat and electric is $11,870, Projected Net Income: $75,730. 20% Down Payment: $150,000 with $600,000 mortgage @ 5 1/2% (subject to lender/credit) Mortgage Payment of $3,407/Mo or $40,884/yr Projected net net income $75,730-$40,884 = $34,845 Cap Rate: .23% (Try and get that return from a bank)
MLS #4854712Days on Market
Last UpdatedYear Built
CountyBronx CountyStatusActive
Property Type(s)Commercial

Additional Features & Details

Air Conditioning
  • Central
Construction Description
  • Block
  • Brick
Heating Fuel
  • Natural Gas
Heating Type
  • Base Board
  • Hot Water
Hotwater
  • Gas Stand Alone
Lot Description
  • Level
Parking
  • None
  • Street Parking
Post Office
  • Bronx
Property Sub Type
  • Office
Property Type
  • Commercial
Sewer Description
  • Sewer
Status
  • Active
Village
  • Bronx
Water Description
  • Municipal

Neighborhood Map

Walk Score for: 1800 Haight Avenue, Bronx, NY

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Listed with Richard Greco Real Estate
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Date Last Updated: 12/10/18 8:45 PM PST

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