3029 Bronxwood Ave 16 Unit Apartment Building $8,535,000 CAD ($533,438 CAD/Unit) 6.24% Cap Rate Bronx, NY 10469

Two brand-new construction buildings with impressive frontage of 52 feet, spanning approximately 9,972 gross square feet. There are 16 units in this buildings, including 6 studios and 10 one-bedroom apartments. All utilities (electric) are separately metered, ensuring reduced operating costs for ownership. Features individual water heaters for each unit, eliminating the need for a central boiler. Equipped with security cameras throughout the interior and exterior for tenant safety. Benefiting from a preserved 35-year tax benefit, ensuring long-term financial advantages.