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3179 Rochambeau Ave

5 Unit Block of Flats £1,251,920 (£250,384/Unit) Bronx, NY 10467

Investment Highlights

  • Located in R7B Zoning
  • Allowed Usable FAR up to 15,000 sqft
  • Located Minutes away from train stations, shops, parks, schools, Montefiore Hospital and more.
  • Fully Occupied Five-Family Building
  • Detatched two-car Garage

Executive Summary

Attention Developers and Investors! Develop or Keep It @8 CAP!!!
Don’t Miss Out on This Exceptional Opportunity!
Nestled in the coveted R7B Zoning, this property presents an outstanding development potential with over 15,000 sq ft of allowed usable FAR.
Also, there is a potential to keep the current structure and build on top of it.
Delivered Vacant!!!
One spacious three-bedroom apartment. Two large two-bedroom apartments. Two large one-bedroom apartment
You can also keep the building and have a CAP rate of around 8%.
In addition, the property features a detached two-car garage, a long driveway, a backyard, and a laundry room on-site. The attic with soaring high ceilings opens up further possibilities for expansion and added facilities, paving the way for even greater revenue generation.
Located just minutes from train stations, shops, parks, schools, Montefiore Hospital, and more, this property is perfectly positioned in a thriving neighborhood.
Act Now! Opportunities like this don’t last long—secure your investment in a property with limitless potential.
* Information believed to be true but not warranted *

Financial Summary (Actual - 2021) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2021) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £1,251,920
Price Per Unit £250,384
Sale Type Investment
Sale Conditions Development Sale
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 5,500 SF
Average Occupancy 100%
Number of Floors 3
Year Built 1929
Parking Ratio 0.36/1,000 SF

Unit Amenities

  • Cable Ready
  • Wooden Floors
  • Stainless Steel Appliances
Walk Score ®
Very Walkable (85)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03335-0126
Land Assessment
£55,284 (2024)
Improvements Assessment
£79,674 (2024)
Total Assessment
£134,958 (2024)

zoning

Zoning Code R7-1 (R7 Zoning is considered medium density residential. R7 zoning has multifamily buildings that can be low rise to somewhat taller apartment buildings.)
R7-1 (R7 Zoning is considered medium density residential. R7 zoning has multifamily buildings that can be low rise to somewhat taller apartment buildings.)
  • Listing ID: 25702217

  • Date on Market: 13/05/2022

  • Last Updated:

  • Address: 3179 Rochambeau Ave, Bronx, NY 10467

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