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Seven Clean & Well Maintained Apartments with Parking and Laundry and in the Morris Park Section of the Bronx

$995,000

1858 Haight Avenue, Bronx, NY 10461

Active
Last Updated: 04/23/2025

6.61

Cap Rate

65,763

NOI

Details:
Cap Rate:    6.61%
NOI:    $65,763
Building Size:    6,467 sqft
Lot Area:    5,000 sqft
Units:    7
Price Per Sqft:    $154
Price Per Unit:    $142,000
Zoning:    R4
Description:

1858 Haight Avenue, The Bronx - Team Lala and RMF are pleased to present the rare opportunity to acquire this clean and well-managed multifamily property in the Morris Park section of The Bronx.

1858 Haight Avenue consists of seven residential apartments with a laundry area and four parking spaces. The property is located on the east side of Haight Avenue, just south of Rhinelander Avenue.

The ground-floor, three-bedroom, and 1.5-bathroom apartment has free market status, a separate heating system, and backyard/pool access.

Property amenities include two washing machines, two dryers, three tandem parking spaces accommodating six cars, a well-maintained brick façade, security cameras throughout, a 500-gallon oil tank (#2), and a newer heating system.

Tenants enjoy the benefits of living in a quiet and tree-lined residential neighborhood with quick access to local shopping and dining along Morris Park Avenue and Williamsbridge Road. There is ample local bus service and two nearby MTA #5 train stations.

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