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2120 Daly Avenue, Bronx, New York, New York 10460

$7,950,000
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Property Details

Baths: 25 Neighborhood: West Farms Tax Amount: $8272.88 MLS Number: 489041 Bldg Size: 41 x 58 Lot Size: 41 x 121 Lot SqFt: 4290

Property Description

This property was newly built in 2021 and is the perfect investment property. The property comprises 21 residential units, 2 commercial spaces, and 4 parking spaces, totaling approximately 16,015 square feet. The building offers newly constructed affordable housing units through the NYC Housing Connect program. Amenities include split-unit heating and cooling systems, a laundry room, and bike storage. The property benefits from a 35-year 421-A tax abatement. Additionally, there is a $4.2 million government mortgage at a 5% interest rate, which is assumable by the buyer. With lower maintenance costs, the property's good condition, prime location, lower interest rates, and guaranteed rent payments by the city, this is a perfect investment opportunity. The building is conveniently located near public transportation, including the 2 and 5 subway lines, as well as multiple bus routes. Nearby neighborhoods include Belmont, Tremont, and Crotona Park East. It is near botanical gardens and 2 blocks away from the Bronx zoo. A rare investment opportunity like this is hard to find!

Property Type Residential

Property Status: Active

Property Features A/C Unit - Window Elevator Garage Door Opener(s) Laundry Area

Dalia Samouha

Real Estate Broker

Cell: 718.687.7576

Email: [email protected]

Instagram: @idealpropertiesrealty

Location

2120 Daly Avenue, Bronx, New York, New York 10460