416 E 187th St | Bronx, NY 10458
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416 E 187th St
Bronx, NY 10458
Multifamily Property For Sale · 12 Units
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 416 East 187th Street. The subject property offers a four-story building located in the Fordham section of the Bronx.
The building is made up of twelve (12) apartments broken down as four 3-bedrooms, 7-1 bedrooms, and 1-studio. The building currently has an assumable mortgage at 4.3% until 2039.
Built in 1909, the property is 34 feet wide and 65 feet deep, giving a total of 8,490 square feet. The building sits on a 3,577 square foot lot.
The building is in walking distance to the B & D subway lines.
The building is made up of twelve (12) apartments broken down as four 3-bedrooms, 7-1 bedrooms, and 1-studio. The building currently has an assumable mortgage at 4.3% until 2039.
Built in 1909, the property is 34 feet wide and 65 feet deep, giving a total of 8,490 square feet. The building sits on a 3,577 square foot lot.
The building is in walking distance to the B & D subway lines.
PROPERTY FACTS
| Price Per Unit | $161,601 CAD | Apartment Style | Mid Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.25% | Lot Size | 0.08 AC |
| Gross Rent Multiplier | 7.87 | Building Size | 8,490 SF |
| No. Units | 12 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1909 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price Per Unit | $161,601 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Gross Rent Multiplier | 7.87 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 8,490 SF |
| No. Stories | 4 |
| Year Built | 1909 |
| Opportunity Zone |
Yes |
PROPERTY TAXES
| Parcel Number | 03031-0047 | Improvements Assessment | $284,934 CAD |
| Land Assessment | $34,906 CAD | Total Assessment | $319,840 CAD |
PROPERTY TAXES
Parcel Number
03031-0047
Land Assessment
$34,906 CAD
Improvements Assessment
$284,934 CAD
Total Assessment
$319,840 CAD
zoning
| Zoning Code | R7-1, New York, (C1) (Residential) |
| R7-1, New York, (C1) (Residential) |
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