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4016 E Tremont Ave

New York NY 10465

7
3
2
2764 sq. ft.
1967 sq. ft.
Duplex
Currently for sale - view listing

Overview

Approximately 8.5% CAP rate - $8350/month rental income with all great paying tenants(projected rental $10k/month). Buy, hold, collect rent and waiting for appreciation! Solid brick 3-story multi-family building with C2-1 and R3A zoning on a bustling commercial street in the desirable Throgs Neck neighborhood of the Bronx, this property offers excellent exposure, convenience and a fantastic opportunity to capitalize on the thriving Throggs Neck market. . Spacious units with 3-bedroom over 3-bedroom over bonus 2 room unit, high rental income with strong cash flow, garage parking plus lot parking spaces, 4 electricity meters and 2 gas meters, gas heat plus split units A/C system, one unit features a balcony overlooking the backyard—a rare perk for outdoor relaxation and tenant appeal. Money-printing machine with endless upward potential, ideal for investors or live-in owners looking to maximize returns, excellent investment opportunity for stable cash flow and long-term growth, schedule a viewing today to explore its full potential.

Features

7 bedrooms
3 bathrooms
2 carspaces
1 garage space
2764 sq. ft. floor area
1967 sq. ft. lot size
Duplex

Property history for 4016 E Tremont Ave

2018
Sold
$795,000
21 Dec 2018 by Laura Guarascio, of Keller Williams Realty NYC Grp

Happy sellers in New York

87%
87% of sellers in New York reported that their sale price either exceeded or met their price expectations.

New York stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in New York over the last 12 months.

Local market activity for 7 bedroom duplexes in New York

In the last 12 months, 5 seven-bedroom duplexes similar to 4016 E Tremont Ave, have been sold.

This represents a 17% increase in seven-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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