Rare opportunity to acquire 10 newly finished studio apartments, each with its own individual HVAC system, modern kitchen with stainless steel appliances, quartz countertops, and stylish bathrooms. Bright, open layouts maximize natural light and feature high-quality finishes throughout, providing move-in-ready comfort and long-term appeal.Currently fully vacant, these units offer investors a turnkey opportunity with strong rental potential. At full occupancy, projected gross income is $24,040/month ($288,480/year), resulting in a potential market capitalization (cap rate) of ~8.2% at the asking price of $3.2M.
Listing By
Agency Name: Metro Scape Realty LLC
Agency Contact: 646-413-9054
Shown By
Agent Name: Jessica Stanco
Agent Phone: Cell: (631) 678-3834
Agency Title: Howard Hanna | Coach Realtors
2152 Muliner Avenue | MLS# 974393
This commercial property located at 2152 Muliner Avenue , Bronx, NY 10462 is currently listed for sale with an asking price of $3,200,000. Search Bronx real estate on www.jessicastanco.com today.