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1910 Pelham Parkway , 4B/7C/3F

Bronx, NY 10461
  • $325,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: H6290191
$325,000
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,600
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Co-Op
Built:
1964
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Sponsor is retiring! Rare opportunity for investors. POSITIVE CASH FLOW CASH Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units. Unit #7C status: RS size: 2BR/2BTH Shares: 337 rent: $1,286 Maint: $1,266 lease expiration 10/31/2025. The tenant has been renting since the Sponsor bought the unit in 1997. He is an older man. His sister is in charge of his affairs. She sends in his rent and she is not interested in living there. He has no children nor a wife. Unit #3H status: FM size: 1BR shares: 180 rent: $1,550 Maint: $677 lease expiration: 04/30/2025. The tenant has been renting for the past 5 years. Unit #4B status: RS size: 2BR/1BTH shares: 242 rent: $ 909 Maint: $909 Lease expiration:11/30/2024. The tenant is the daughter of the original tenant. That means that she can not pass on the status of RS to anyone else. She has no children. When the tenant vacates the unit becomes FM and can be sold or rented at any price. Total: shares 759 rent: $3,745 Maint: $2852 Positive cash flow: $893 X 12 = $10,716 yearly Leases and 2022 financials will be provided upon request. The seller is the owner of unsold shares that do not require board approval. Pelham Towers is a well-maintained 1964 building located in the residential section of Pelham Bay. Excellent location near Pelham Bay Park, Orchard Beach, City Island, Jacobi Hospital, Baychester shopping mall, and the New England Thruway. Close to the #6 Pelham Bay train station, main bus terminal, and express bus to Manhattan. Near shopping and restaurants. Great Investment!!

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2024-04-21T10:42:31.75.
www.theteampagano.com/homes/147742373
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1910 Pelham Parkway , 4B/7C/3F Bronx, NY 10461

  • Price: $325,000
  • Status: Active
  • On Site: 62 Days
  • MLS #: H6290191
5
Beds
3
Baths
1
½ Baths
N/A
Acres
2,600
SQFT
$125
$/SQFT
1964
Built
Neighborhood:
Parkway Owners, Inc
County:
Bronx
Area:
Bronx
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
City Of New York
Property Description
Sponsor is retiring! Rare opportunity for investors. POSITIVE CASH FLOW CASH Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units. Unit #7C status: RS size: 2BR/2BTH Shares: 337 rent: $1,286 Maint: $1,266 lease expiration 10/31/2025. The tenant has been renting since the Sponsor bought the unit in 1997. He is an older man. His sister is in charge of his affairs. She sends in his rent and she is not interested in living there. He has no children nor a wife. Unit #3H status: FM size: 1BR shares: 180 rent: $1,550 Maint: $677 lease expiration: 04/30/2025. The tenant has been renting for the past 5 years. Unit #4B status: RS size: 2BR/1BTH shares: 242 rent: $ 909 Maint: $909 Lease expiration:11/30/2024. The tenant is the daughter of the original tenant. That means that she can not pass on the status of RS to anyone else. She has no children. When the tenant vacates the unit becomes FM and can be sold or rented at any price. Total: shares 759 rent: $3,745 Maint: $2852 Positive cash flow: $893 X 12 = $10,716 yearly Leases and 2022 financials will be provided upon request. The seller is the owner of unsold shares that do not require board approval. Pelham Towers is a well-maintained 1964 building located in the residential section of Pelham Bay. Excellent location near Pelham Bay Park, Orchard Beach, City Island, Jacobi Hospital, Baychester shopping mall, and the New England Thruway. Close to the #6 Pelham Bay train station, main bus terminal, and express bus to Manhattan. Near shopping and restaurants. Great Investment!!
Exterior Features

Architectural Style Mid-Rise Attached Garage YN No Lot Features Near Public Transit Parking Assigned Spaces 26 Parking Features Waitlist Property Attached YN No Road Responsibility Public Maintained Road

Interior Features

Appliances DishwasherOven Common Walls No Common Walls Cooling Window Unit(s) Cooling YN Yes Flooring Hardwood Heating OilHot Water Hot Water On Demand Interior Features Elevator Rooms Total 12

Property Features

Approval Required YN No Association Fee Includes HeatHot Water Association Fee2 2852 Association Fee2 Frequency Monthly Community Features ParkSubway Garbage Removal Public Inclusions DishwasherIntercom Lease Considered YN Yes MLSArea Minor 99 Ownership Co-Op Pets Allowed Cats OK Property Sub Type Stock Cooperative Renting Allowed YN Yes Senior Community YN No Sewer Public Sewer Subdivision Name Parkway OwnersInc Village Bronx Water Source Public

Listing courtesy of Gerard Desgranges of Gerard R Desgranges: (917) 679-8927
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated: 2024-04-21T10:42:31.75.
 
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