Bronxwood 32 Unit Multifamily- Bronx

Highlights:

• Part of the Augmented Tax Abatement program
• Each apartment has its own electric hot water boiler and tank for independent hot water
• Tenants will be responsible for own cooking, heating, cooling, and hot water.

Description:

This Bronx multifamily brand newly built 6 story elevator brick apartment building located at 2761 Bronxwood Avenue is currently in the approval stages for the tax abatement as per rent roll. 1 unit will be free market and 31 units will be part of the Augmented Tax Abatement program which provides for higher rents. Units must be rented via HPD approved programs such as Housing Connect, EHV Section 8, etc. All utilities are electric and not included in owners' expenses. Tenants will be responsible for cooking, heating, cooling, and hot water. Every apartment and every room with a window has its own through-the-wall sleeve electric air conditioner and heater, and also its own electric hot water boiler and tank for independent hot water. There is also 2 Commercial spaces - about 5,600 sq. ft., plus Parking for 15 spaces.

Documents: