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    2538 Holland Avenue

    Bronx, NY 10467
    • $1,600,000
    • STATUS: Active
    • ON SITE: 222 Days
    • MLS #: H6102494
    UPDATED: 86 min ago
    $1,600,000
    • 7
      BEDS
    • 0.06
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 5,499
      SQFT
    • $291
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2011
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Calling all investors! Add this beautiful brick building, only 10 years old to your portfolio. This property has 8 units and is attached to 2536 Holland which is also being sold separately totaling 16 units. Both properties are very well maintained & clean. Basement offers a large separate room that you can generate more income utilizing as storage units, laundry room. Current rents are below market and are currently being negotiated with the City of New York, We expect rent to be $1500-$1700 per month for the one bedrooms and $1300-$1500 per month for the studio. The seller has also filed litigation with NYC for a tax abatement, but will not be a sale contingency. This building is centrally located to the bus, stores and railroad. The tenants pay Heat, gas and electric. The projected rent for each of the two buildings will be approximately 146k and current expenses for each of the two buildings are approximately $56K including taxes, utilities, insurance and maintenance.

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    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The SMP Team at KW Realty NYC Group. Data last updated: 2021-10-26T22:16:33.063.
    www.padernachtrealestate.com/homes/115195718
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    2538 Holland Avenue Bronx, NY 10467

    • Price: $1,600,000
    • Status: Active
    • Updated: 86 min ago
    • MLS #: H6102494
    7
    Beds
    8
    Baths
    0
    ½ Baths
    0.06
    Acres
    5,499
    SQFT
    $291
    $/SQFT
    2011
    Built
    Neighborhood:
    Bronx
    County:
    Bronx
    Area:
    Bronx
    Elementary School:
    Call Listing Agent
    Middle School:
    Call Listing Agent
    High School:
    Call Listing Agent
    School District:
    City Of New York
    Property Description
    Calling all investors! Add this beautiful brick building, only 10 years old to your portfolio. This property has 8 units and is attached to 2536 Holland which is also being sold separately totaling 16 units. Both properties are very well maintained & clean. Basement offers a large separate room that you can generate more income utilizing as storage units, laundry room. Current rents are below market and are currently being negotiated with the City of New York, We expect rent to be $1500-$1700 per month for the one bedrooms and $1300-$1500 per month for the studio. The seller has also filed litigation with NYC for a tax abatement, but will not be a sale contingency. This building is centrally located to the bus, stores and railroad. The tenants pay Heat, gas and electric. The projected rent for each of the two buildings will be approximately 146k and current expenses for each of the two buildings are approximately $56K including taxes, utilities, insurance and maintenance.
    Exterior Features

    Construction Materials Advanced Framing TechniqueBrick Garage YN No Lot Features LevelNear Public Transit Parking Features On Street

    Interior Features

    Basement Unfinished Cooling Ductless Cooling YN Yes Heating ElectricNatural GasSee Remarks

    Property Features

    Property Attached YN Yes Property Sub Type Multi Family Property Type Residential Income Senior Community YN No Tax Annual Amount 40000.00 Water Source Public

    Listing courtesy of Louise Del Giudice of Century 21 Marciano.
    © 2021 OneKey MLS. All rights reserved.


    © 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The SMP Team at KW Realty NYC Group. Data last updated: 2021-10-26T22:16:33.063.
     
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    The SMP Team at KW Realty NYC Group
    2300 Eastchester Road
    Bronx NY, 10469