Condominium in Bronx, NY

Presenting 3545-3547 Carlisle Place, a Major Investment opportunity in a market where there is a inventory shortage! Grab a piece of a vastly growing neighborhood in the Bronx. This is a 2011-built 16-unit (two 8 unit tax lots) multifamily asset in the Williamsbridge section of the Bronx, offered at a 7.9% cap rate on in-place income. Assumable below market debt in place. Consisting of two separate 8 unit tax lots built in 2011 over four stories with 11,630 SF of gross building area on a 0.11-acre R6A parcel, the asset offers institutional-quality construction with low expected near-term capex. Tenants pay their own heat and electric. Inquire about assumable below market rate debt (3.75%) 421-A tax abatement in place. Two units are vacant & have been upgraded and ready for new tenancy. Income, Tax Abatement, Rent-Roll and other information related for this property available for qualified parties upon request.