$719,000
Updated 4 years ago
Off Market

922 Tinton Ave

Morrisania, Bronx | East 161st Street & East 163rd Street

16 Rooms8 Beds4 Baths2,756 Square FeetMulti-Family

$719,000
floors / apts3 / 2
Lot Size25'x110'
Built Size19'x58'
ZoneR6
Building TypeHouse
RE Taxes$2,988
Price Per SF
$261

Outdoor space and views

  • Patio

Building Amenities

  • Driveway
  • Garage

Property Description for 922 Tinton Ave

Calling investors! Cash buyers!
Motivated Sellers.... Any serious offer will be answered!

Book your appointment today.

This 3 unit house, located in the heart of Woodstock in the Bronx is a great opportunity for any investor.

With its current set up, the cap rate is 8.19% !!! This property has 2800 sq ft built and an additional 4000 sq ft of air rights ! Think expansion!

The owner renovated the entire building in 2010 and has lived in it until 2020 before moving South.
All units are presently rented and rents are current. New owners will have to get the Certificate of non harassment.

Remodeled in 2010, it hosts 3 full floor residences.
The first floor is a 2 bedroom 2 bath with one en-suite full bathroom in the primary bedroom. The kitchen has granite countertops , gas stove top and is fitted for a dishwasher and a washer/dryer combo. The apartment has a large double living/dining room. A large primary bedroom can easily accommodate a king size bed and other furnishings. It has a large walk-in closet and en-suite bath. There is a secondary bedroom with closet space and a shared second bathroom.
The second floor is currently rented as separate rooms but is built/designed as a 3 bedrooms 2 bathroom unit. It can easily be returned to its original configuration or rented as a rooms. There is a primary bedroom with en-suite bathroom and 2 bedrooms. The second bathroom is shared.
The third and top floor is a one bedroom unit with full kitchen and one bathroom.
This property also offers a gated driveway and 400 sq ft detached double garage in the back with a patio. There is a total of 1200 sq ft of outdoor space. The finished basement can be used for storage and hosts the mechanical. Each apartment is individually metered for ConEd.
Security cameras are already installed and the building is connected to Optimum.
The house is conveniently located close to the Prospect Avenue 2/5 train station and you can catch the Bx6 bus on the nearest corner. Rite Aid, Dunkin' and Subway are a block away as well as local businesses, shops and eateries. There is a supermarket next door for daily needs.
Please contact me today for this great opportunity.

Listing History for 922 Tinton Ave

Now
07/13/2022
TOM by Pierre Malterre-West
Douglas Elliman
04/07/2022
$719,000
Initial Price by Pierre Malterre-West
Douglas Elliman

Building Details for 922 Tinton Ave

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Contact Agent

Contact Agent

Pierre Malterre-West
Douglas Elliman
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 84600TH