2665 Grand Concourse 113 Unit Block of Flats £9,700,450 (£85,845/Unit) 7.67% Net Initial Yield Bronx, NY 10468
INVESTMENT HIGHLIGHTS
- 40- camera security system.
- Apartments feature high ceilings and recent renovations.
EXECUTIVE SUMMARY
This nine-story brick building comprises 113 residential apartments (including two rooftop penthouse suites), one office and three
commercial spaces. It is situated at the northwest corner of the Grand Concourse and Kingsbridge Road in the Fordham section of The Bronx.
commercial spaces. It is situated at the northwest corner of the Grand Concourse and Kingsbridge Road in the Fordham section of The Bronx.
PROPERTY FACTS
| Price | £9,700,450 |
| Price Per Unit | £85,845 |
| Sale Type | Investment |
| Net Initial Yield | 7.67% |
| No. Units | 113 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 121,806 SF |
| Number of Floors | 9 |
| Year Built | 1922 |
1 of 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 03314-0065 | Improvements Assessment | £1,359,359 |
| Land Assessment | £193,117 | Total Assessment | £1,552,476 |
ZONING
| Zoning Code | R8 (Residential) |
