26+ Year Famly Owned All-Brick Multi-Family Bldg

3004 Cruger Ave, Bronx, NY

$1,600,000

Price

4%

Cap Rate

$63,883

NOI

Overview
Cap Rate
4%
NOI
$63,883
Lot Area
6,150 sqft
Units
7
Year Built
1928
Price Per Sqft
$260
Price Per Unit
$229,000
Zoning
R6
Floors
3
Description

3004 Cruger Avenue is a meticulously maintained all brick seven (7) family apartment building located on the Southeast corner of Cruger Avenue and Adee Avenue. The subject property is comprised of six (6) two bedroom apartments and one (1) one bedroom apartment totaling 6,150 square feet. Features include; a new 2015 #2 oil boiler, 1050 gallon above ground oil tank, circuit breakers in the basement and apartments, marble entrance / lobby area, steel and marble staircases, new metal apartment entrance doors, silver coat rubber roof in excellent condition, etc… One block away from major shopping corridor on White Plains Road and the number 2 and 5 subway line (Burke Avenue Station).

Highlights
  • New Oil Boiler Installed in 2015
  • Allerton / Williamsbridge Neighborhoods in the Bronx
  • 7 Residential Apartments w/ 6 two-beds & 1 one-bed
  • White Plains Road Shopping & Transport
  • 26+ Year Famly Owned All-Brick Multi-Family Bldg
Documents
Title
Offering Memorandum
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Location
Gallery