Description
ONCE-IN-A-LIFETIME BRONX PACKAGE DEAL CASH FLOW + DEVELOPMENT Opportunities like this almost never hit the market. This property is a rare find for all types of investors whether you're focused on instant positive cash flow or looking for your next ground-up development project, this package offers both. The Numbers: -$9360/month rental income from day one ~$1800/month in expenses -Net operating income: approx. $90,720/year -Cap Rate= 6.72% -Turnkey, income-producing asset immediately upon closing The Bonus: -Included in this package is an adjoining lot zoned for a 2-family build. This allows you to collect strong rental income now while simultaneously creating a new property next door, adding significant value and long-term upside to your portfolio. Why This Property Stands Out: -Immediate, guaranteed rental income -Expansion potential with a buildable lot -Ideal for both investors and developers -Located in the Bronx, one of NYC's strongest rental markets -This is a complete package: stable cash flow today with development potential for tomorrow. Deals like this are rare and move quickly. Serious buyers should act now.
-
0BEDS
-
0.11ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
ONCE-IN-A-LIFETIME BRONX PACKAGE DEAL CASH FLOW + DEVELOPMENT Opportunities like this almost never hit the market. This property is a rare find for all types of investors whether you're focused on instant positive cash flow or looking for your next ground-up development project, this package offers both. The Numbers: -$9360/month rental income from day one ~$1800/month in expenses -Net operating income: approx. $90,720/year -Cap Rate= 6.72% -Turnkey, income-producing asset immediately upon closing The Bonus: -Included in this package is an adjoining lot zoned for a 2-family build. This allows you to collect strong rental income now while simultaneously creating a new property next door, adding significant value and long-term upside to your portfolio. Why This Property Stands Out: -Immediate, guaranteed rental income -Expansion potential with a buildable lot -Ideal for both investors and developers -Located in the Bronx, one of NYC's strongest rental markets -This is a complete package: stable cash flow today with development potential for tomorrow. Deals like this are rare and move quickly. Serious buyers should act now.
© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tessler Team. Data last updated: 2025-11-10T08:18:11.46.