388 E 154th St, Bronx, NY 10455

BACK ON THE MARKET. OPEN HOUSE BY APPT ONLY SUNDAY 10/28 3-4PM Great investment opportunity. 22' wide 2-family in the desirable Melrose neighborhood of the Bronx. 3-bedroom over a 2-bedroom plus basement with high ceilings. The building is habitable but will need renovation. Just a 5-minute walk to the 2 and 5 trains at 149th street, minutes to Manhattan. The building will be sold with existing tenants in place for both units. The total rent roll is $2,950/month with leases for both units expiring September 2019. First floor is paying $1500/month, 2nd floor is paying $1,450/month. Building dimensions: 22 ft x 40 ft Stories: 2 R6 zoning Lot size: 25 x 100 Building class: Two Family Frame (B2) Residential FAR: 2.43 Facility FAR: 4.8 FAR as built: 0.83 Allowed usable floor area: 6,075 Usable floor area as built: 2,075 Unused FAR: 4,000 Buyer's agents are welcome, we co-broke.