request_info_guest false

10-Unit, High-End Elevator Building in Prime Location of Riverdale

$3,500,000

536 Kappock Street, The Bronx, NY 10463

Active
Last Updated: 11/24/2021

6.14

Cap Rate

215,066

NOI

Details:
Cap Rate:    6.14%
NOI:    $215,066
Building Size:    12,000 sqft
Lot Area:    3,379 sqft
Units:    10
Price Per Sqft:    $292
Zoning:    R6A
Floors:    6
Description:

Ariel Property Advisors is pleased to present 536 Kappock Street, a 6-story elevator building located in the upscale Riverdale neighborhood of the Bronx, just across the river from Manhattan.

Spanning approximately 12,000 square feet, 536 Kappock Street consists of 10 high-end luxury apartments. The residential unit mix consists of 1 one-bedroom apartment, 8 two-bedroom apartments and 1 three-bedroom apartment. The building, which was built in 2008, is turn-key and boasts top of the line, luxury finishes throughout. All of the units have exclusive balcony access, with two of the units having access to private outdoor patio space.

536 Kappock Street is located in a highly desirable area of Riverdale that offers close proximity to public transportation (1 Train/Metro North), and walkability to the many restaurants, cafes, and retail located in the area. Main attractions in the area include Van Cortlandt Park, Mosholu Golf Course, Wave Hill Public Garden & Cultural Center, among many others.

With its luxury amenities and accomodations, easy access to Manhattan, and stable cash flow, 536 Kappock Street presents a rare opportunity to own a property in one of the nicest neighborhoods of the Bronx. For more information or to schedule a property tour, please contact our exclusives sales team.

Map:
Documents:
Title
Investment Flyer
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery