Property Description for 3409 3rd Ave
Hidden from the eye is the huge rear garden allowing for great flexibility of build-able potential, and this property already has a cap rate over 5. The secret's out about the Bronx being the next great investment and this is the place to acquire before everyone else does the same at considerably higher price pointsRetail $2,350 1 $1,100 1 Bedroom2 $1,500 2 Bedroom3 $1,100 1 Bedroom4 $1,500 2 BedroomGross Income $90,600Multi-Unit Expenses$1,200 Water/Sewer$2,500 Heat$1,000 Electric$2,500 Insurance$2,400 Super$2,000 Other$16,599.96 Total