668 E 226th StreetBronx, NY 10466

Description

Eileen Kolesar Gardens (668, 670 & 674 E 226th Street, Bronx, NY) WHERE THE NUMBERS DO THE TALKING. This is the deal you've been underwriting in your head, the one where the expenses are real, the financing is already done, and the income holds. Eileen Kolesar Gardens isn't a value add pitch dressed up with potential. It's a fully operational, 30 unit, 3 building portfolio that walks in the door with every major advantage stacked in your favor. The mortgage? Assumable. In a market where financing is the first obstacle, this property hands you a solution before you even ask the question. TAXES? Abated. Your bottom line is protected from day one. Heat, Water and Cooking gas? Landlord-paid. Tenants stay. Vacancies shrink. NOI holds. Expenses? Extremely low. This isn't marketing language it's the actual operating profile of a 2008-built property designed and managed to perform. 30 apartments. 3 buildings. One rare opportunity to acquire a stabilized Bronx multifamily asset where the cash flow story doesn't require imagination — it requires a calculator. Eileen Kolesar Gardens won't need a second showing. It will need a best offer.

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

2008

Stories

4

Building area

21,477 Sq Ft

Lot size

0.22 acres

Days on market

113

MLS^® Listing#

1008760

Property Features

Cooling

Wall/Window Unit(s)

Heating

Natural Gas

Parking

No Garage · None

Construction

Brick

Utilities

Natural Gas Available · Electricity Available · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Contact Agent

Middle

Call Listing Agent

High

Contact Agent

Financial Details

Annual taxes

$2,348

Assessed value

$545,400

Parcel number

04827-0078