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64,614 SF Multi-Family Building For Sale

$8,200,000

1860 Billingsley Terrace, Bronx, NY 10453

Active
Last Updated: 04/15/2025

566,690.92

NOI

64,614 sqft

Building Size

Details:
NOI:    $566,690.92
Building Size:    64,614 sqft
Lot Area:    12,700 sqft
Units:    59
Zoning:    MF
Description:

Kassin Sabbagh Realty (KSR) has been retained exclusively to market the sale of 1860 Billingsley Terrace. A Multi-Family building located in Morris Heights sections of the Bronx, NY. 1860 Billingsley Terrace was built in 1927 and has 6 stories and 59 units.

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Offering Memorandum
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Today's Available Mortgage Rates

1860 Billingsley Terrace, Bronx, New York 10453

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 05/30/2025
AgencyLender #36
5 Year Fixed
30 Year Amortization
Interest rate 5.73% 5 Year Fixed
Mo. Payment$37,722 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 79% LTV $15,000 Lender fees
Loan Amount $6,478,000 Loan Amount
Details
AgencyLender #36
7 Year Fixed
30 Year Amortization
Interest rate 5.77% 7 Year Fixed
Mo. Payment$37,407 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 78% LTV $15,000 Lender fees
Loan Amount $6,396,000 Loan Amount
Details
AgencyLender #36
10 Year Fixed
30 Year Amortization
Interest rate 5.9% 10 Year Fixed
Mo. Payment$37,451 30 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 77% LTV $15,000 Lender fees
Loan Amount $6,314,000 Loan Amount
Details
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