For Sale

Listed by ChaoHui Andr Chen from RE/MAX Edge

Source: Brooklyn Board of REALTORS® #489041

2120 Daly Avenue, New York, NY, 10460

$7,950,000

25
16015 sq. ft.
4290 sq. ft.

MultiFam

30+ days on the market

What's around 2120 Daly Avenue

About this property

This property was newly built in 2021 and is the perfect investment property. The property comprises 21 residential units, 2 commercial spaces, and 4 parking spaces, totaling approximately 16,015 square feet. The building offers newly constructed affordable housing units through the NYC Housing Connect program. Amenities include split-unit heating and cooling systems, a laundry room, and bike storage. The property benefits from a 35-year 421-A tax abatement. Additionally, there is a $4.2 million government mortgage at a 5% interest rate, which is assumable by the buyer. With lower maintenance costs, the property's good condition, prime location, lower interest rates, and guaranteed rent payments by the city, this is a perfect investment opportunity. The building is conveniently located near public transportation, including the 2 and 5 subway lines, as well as multiple bus routes. Nearby neighborhoods include Belmont, Tremont, and Crotona Park East. It is near botanical gardens and 2 blocks away from the Bronx zoo. A rare investment opportunity like this is hard to find!

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