545 E 183rd St
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545 E 183rd St
4,200 SF 100% Leased Retail Building Bronx, NY 10458 £1,727,910 (£411/SF) 5.53% Net Initial Yield
Executive Summary
Mix-use Building in Prime Location. Near St. Barnabas Hospital, Bus and Train Metro North, 3 Ave, Fordham Rd and University
Block:3052, Lot 23 Total Lot Size: 2,000 SF(20x100) , Zoning C4-4D , FAR:6.02,
Building 4,200 sf(20x70), Building Class: S2(1 Store, 2 Residential) Property Tax:$7,000.00, 1st Floor Tenant pay Property Tax and 50% of Water Bill,
Value will be increased after development completed cross street.
Block:3052, Lot 23 Total Lot Size: 2,000 SF(20x100) , Zoning C4-4D , FAR:6.02,
Building 4,200 sf(20x70), Building Class: S2(1 Store, 2 Residential) Property Tax:$7,000.00, 1st Floor Tenant pay Property Tax and 50% of Water Bill,
Value will be increased after development completed cross street.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £99,769 | £23.75 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £99,769 | £23.75 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | £5,530 | £1.32 |
Net Operating Income | £94,239 | £22.44 |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | £99,769 |
Annual Per SF | £23.75 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £99,769 |
Annual Per SF | £23.75 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | £5,530 |
Annual Per SF | £1.32 |
Net Operating Income | |
---|---|
Annual | £94,239 |
Annual Per SF | £22.44 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,200 SF
Building Class
C
Year Built
1931
Price
£1,727,910
Price Per SF
£411
Net Initial Yield
5.53%
NOI
£95,469
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.93
Land Acres
0.05 AC
Opportunity Zone
Yes
Zoning
C4-4D,R7-1,Bronx(S2)
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 03052-0023 | Improvements Assessment | £23,889 (2024) |
Land Assessment | £3,196 (2024) | Total Assessment | £27,085 (2024) |
PROPERTY TAXES
Parcel Number
03052-0023
Land Assessment
£3,196 (2024)
Improvements Assessment
£23,889 (2024)
Total Assessment
£27,085 (2024)
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545 E 183rd St
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