🏢 DESCRIPTION:
This investment offers a well-maintained 5-story walk-up building, featuring an original lobby, marble stairwell, and updated systems, including a 5,000-gallon dual-fuel capable boiler, and a 9-camera surveillance system. Recent unit renovations, Silver-coat rubber roof. Ideally situated within walking distance to shopping, restaurants, trains, buses, and major highways."
📊OVERVIEW:
4116-4118 Carpenter Avenue contains 63 residential apartments (Including the superintendent assigned Unit). The building features 36 one-bedroom units, 15 two-bedroom units, and 2 three-bedroom units.
🌆 LOCATION:
Wakefield neighborhood of The Bronx, precisely on the 230th corner of Carpenter Avenue, this property enjoys a central location that defines convenience and quick access to daily activities.
🛌 RESIDENTIAL UNITS:
Recently renovated units, Wood floors, Lead testing, and Building Mechanicals have been well maintained by management, ensuring a comfortable and smooth tenant experience and transfer of ownership.
🚌 TRANSPORTATION:
Excellent access to public transportation, with nearby subway stations including the #2 Train and #5 Train. Additionally, Bronx River Parkway Bus stops BX31, BX39, and Bxm11 make commuting a breeze, enhancing convenience for residents and adding value to the property.
🛒 SHOPPING AND RESTAURANTS:
Vibrant commercial artery along White Plains Road on 233rd Street, where access to a variety of shopping options and a diverse culinary tapestry awaits. Residents can indulge in various cuisines and shopping experiences, adding to the allure of the neighborhood.
👨👨👧👧 DEMOGRAPHICS:
This vibrant community with diverse demographics, fosters a rich tapestry of cultures and backgrounds. The vibrant mix of residents contributes to a dynamic and welcoming atmosphere.
🌟 IN SUMMARY:
4116-4118 Carpenter Avenue represents a prime investment opportunity with its central location, renovated residential units, and excellent transportation accessibility. Whether you're looking for a residence or considering an investment, this property stands as a solid real estate asset in The Wakefield neighborhood, promising a harmonious blend of comfort and convenience for residents as well as new ownership.
📊 OVERVIEW:
BLOCK & LOT: 04832-0070
LOT SIZE: 13,285 sf
LOT DIMENSIONS: 126ft Wide X 104ft Deep
BUILDING SIZE: 50,830 sf
BLDG. DIMENSIONS: 126ft Wide X 94ft Deep
STORIES: 5
ZONING: R6-A
FAR AS BUILT: 3.00
YEAR BUILT: 1827
💰PROJECTED INCOME: $999,549.12
💸ESTIMATED EXPENSES: $584,353
🧧NOI: $415,196
💲PRICE: $7,795,000