OWNER FINANCING AVAILABLE WITH 20% DOWN PAYMENT. CALL TO INQUIRE.
Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
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Listing Snapshot
Price
$1,295,000
Days On Site
340 Days
Bedrooms
N/A
Inside Area (SqFt)
4,320 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.0591 Acres
Year Built
1928
MLS® Number
H6327685
Status
Active
Property Tax
$15,296
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 months ago
Status changed to Active
3 months ago
Listing updated with changes from the MLS®
9 months ago
Price changed to $1,295,000
11 months ago
Listing first seen on site
General Features
Acres
0.0591
Disclosures
M2 Agent Exclusions
Parking
No GarageNone
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
4320
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
FinishedFull
Cooling
Wall/Window Unit(s)
Heating
Natural GasRadiant
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Community Features
School District
Bronx
Schools
School District
Bronx
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty NYC Grp kfuentes@kw.com
Based on information submitted to the MLS GRID as of 2025-08-19 05:08 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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