1240 Stratford Avenue

FOR SALE

$4,850,000

1240 Stratford Avenue, Bronx, NY 10472

38

Units

100.0K

PPU

8.29%

CAP

Property Description

Units

38 — PPU: 100.0K

NOI

$402,000

Cap Rate

8.29%

Property Details

Asset Type

MultiFamily

Neighborhood

Soundview

Submarket

Bronx

ZIP

10472

Listing Type

sale

Offering Memorandum

Download

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Amortization

Loan Term

Gross Income ($)

Vacancy Rate (%)

Mgmt Fee ($)

Insurance ($)

Maintenance ($)

Utilities ($)

Property Taxes ($)

Reserves ($)

Net Operating Income (NOI)

$637,773

Debt Service Coverage Ratio (DSCR)

2.31x

Cap Rate

13.15%

Cash Flow (Annual)

$361,875

Cash-on-Cash Return

29.85%

Monthly Debt Service

$22,991

Annual Debt Service

$275,898

View on Map

Address

1240 Stratford Avenue

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Bronx MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Seth Glasser

Licensed Associate Real Estate Broker

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Seth Glasser

Licensed Associate Real Estate Broker

131 closed

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