A UNIQUE LONG-TERM TRIPLE-NET LEASE OPPORTUNITY OFFERS BEING ACCEPTED FOR THE LONG-TERM NNN LEASE OF THIS 5-story, 10,950 square foot, 11-family walkup apartment building in the Longwood section of the Bronx. Comprised of 7 free-market, and 4 stabilized, 3-bedroom apartments, plus a super's unit, the property has a potential rent roll of over $341,000 per year. It is ideal for an organization to house tenants with housing vouchers, provide supportive housing, or an investor who wants to benefit from the building's income without having to carry a mortgage. A few minutes to the 2 and 5 Subways, bus stops, highways, supermarkets and shopping. ASKING PRICE: Accepting offers.
Off market
$1,775,200
1050 Lowell St APT A, Bronx, NY 10459
33beds
10,980sqft
MultiFamily
Built in 1911
-- sqft lot
$1,775,200 Zestimate®
$162/sqft
$2,075 Estimated rent