2359-2367 Grand Concourse

FOR SALE

$4,300,000

2359 2367 Grand Concourse

21

Units

200.0K

PPU

7.98%

CAP

Property Description

Units

21 — PPU: 200.0K

NOI

$343,000

Cap Rate

7.98%

Property Details

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)

$544,170

Debt Service Coverage Ratio (DSCR)

2.22x

Cap Rate

12.66%

Cash Flow (Annual)

$299,559

Cash-on-Cash Return

27.87%

Monthly Debt Service

$20,384

Annual Debt Service

$244,610

View on Map

Address

2359 2367 Grand Concourse

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Bronx Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale

No investors found in this market.

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Seth Glasser

Licensed Associate Real Estate Broker

125 closed

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Download Offering Memorandum

Seth Glasser

Licensed Associate Real Estate Broker

125 closed

Call