855 East 217th Street Bronx- Building for SALE

5469

Property ID

31,914 SqFt

Size

60

Bedrooms

50

Bathrooms

Description

855 East 217th Street, a 6-story elevator multifamily property, in the Williamsbridge section of the Bronx. Constructed in 2006, the property consists of 30 residential large units comprising of 6 one-bedrooms, 19 two-bedrooms, and 5 three-bedrooms. Many of the units contain their own private terrace or are duplex units. The asset benefits from a 15-year 421a tax abatement, which began in 2010. The 31,91 4 square foot building has a private 15 space parking lot at the back of the building. The building’s first floor contains a recreation center for tenant use.

This property provides immediate access to a variety of transportation and shopping options along the White Plains Road retail corridor. This includes
express trains to the South Bronx and Manhattan via the 2/5 trains, as well as an abundance of national tenants a short walk away. These tenants include Dominos, Walgreens, Dollar Tree, Rite Aid and Cherry Valley Marketplace.

 

NOI – $377,711

5% Cap Rate

Address

Address: 855 East 217th Street, Bronx NY
  • Country: United States
  • Postal code / ZIP: 10467
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  • Property ID 5469
  • Price $6,950,000
  • Property Type Building
  • Property status Sale
  • Bedrooms 60
  • Bathrooms 50
  • Size 31,914 SqFt
  • Garages 15

Nearby Places

Contact

4 Points Properties

Property Agent
212-300-3901
info@4pointsproperties.com
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