2490 Tiebout Avenue, Bronx, NY 10458
New

13 Photos
BUILDING
$5,500,000
Active for Sale
 
Listing ID 11326923
Property Type Multi-Unit (5+)
County Bronx
Township Bronx
Neighborhood Fordham Heights
Total Tax $60,000
FEMA Flood Map fema.gov/portal
Year Built 1914
Virtual Tour

TREMENDOUS TIEBOUT BRONX 30-UNIT MULTIFAMILY

Subject Property is a100% Occupied Five Story Apartment Building Containing 30 Rent Stabilized Apartments, Plus 5-8 Storage Rental Units in 24,185 Total Usable Square Feet. Property is located in the heart of major retail shopping area in the Fordham Heights section of the Bronx and is approximately 30 miinutes from NYC. Built 1914.
Property Details
  • 30 Full Baths
  • 24125 SF
  • 5785 SF Lot
  • Built in 1914
  • 5 Stories
  • Available 7/29/2024
  • Full Basement
  • Lower Level: Finished, Walk Out
Interior Features
  • Ceramic Tile Flooring
  • Hardwood Flooring
  • Vinyl Flooring
  • Hot Water
  • Gas Fuel
Exterior Features
  • Masonry - Brick Construction
  • Masonry Siding
  • Municipal Water
  • Municipal Sewer
  • Near Bus
  • Near Train
Commercial Info
  • 6% Cap. Rate
Income/Expenses
  • Gross Income $603,691
  • Net Income $336,396
  • Operating Exp $237,111
  • Management Exp $18,111
  • Maintainence Exp $15,000
  • Insurance Exp $25,000
  • Heat Exp $60,000
  • Electric Exp $8,000
  • Water Exp $32,000
  • Misc Exp $19,000
  • Paid by Landlord: Heat, Water, Insurance, Struct. Maint., Ground Maint.
Taxes and Fees
  • $60,000 City Tax
  • $60,000 Total Tax
  • Tax Year 2024
Listed By
ANDREW LICHTENSTEIN INC
Office: 718-549-5999
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