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  • Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
    1945 Gleason Avenue Bronx, NY 10472
    $1,300,000
    $1,295,000
    Sq. Ft. 4320.00:# Square Feet
    Multi Family Commercial PRICE REDUCED ML# H6327685
    Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
    Presented By: Keller Williams Realty NYC Grp  718-697-6800
    Call Today: (631)722-5800, (631)722-5800, or  Email: Colony Realty
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than ColonyRealty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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1327 Main Road, PO Box 678, Jamesport,NY 11947

PHONE: 631-722-5800
FAX: 631-722-5951

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