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27 Buchanan Pl
Bronx, NY 10453 Bronx

$8,488,000 USD

Apartments For Sale • 18,240 SF

Property Details

Property Type Apartments
Total Building Size 18,240 SF
Lot Size 0.11 AC
Building Class B
Year Built 2020
Cap Rate 6.96 %
Zoning R7-1

100 Transit Score

92 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!! 20,858 Sqft. 26 Unit Corner Apartment Building With Private Gated Parking For Sale!!!
                            
                                The Building Features Excellent Signage, Great Exposure, Low Property Taxes, 12 Parking Spaces In Private Gated Lot, High 9’ Ceilings, R7-1 Zoning, +!
                            
                                The Property Is Located In The Heart Of The Bronx Just Minutes From The Major Deegan Expy. Right Near Bronx Community College!!! 
                            
                                Neighbors Include Toyota, YMCA, The Home Depot, Planet Fitness, Extra Space Storage, Dunkin’, Walgreens, Best Buy, Chick-fil-A, AutoZone, +++!!!
                            
                                The Property Has A Fixed Rate Assumable Mortgage With 11 Years Left!!!
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Proforma)

Net Operating Income: $564,374 USD (2024)

Cap Rate:	6.96 %
Total Expenses:	$69,819 USD

Amenities

Cable Ready
Disposal
Hardwood Floors
Refrigerator
Views
Bicycle Storage

Public Transportation

Commuter Rail	Drive	Walk	Distance
University Heights Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North))	4 min	18 min	0.9 mi
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	3 min	19 min	1.0 mi
Transit/Subway	Drive	Walk	Distance
183 Street (4 - New York MTA Subway (The Subway))	0 min	1 min	0.1 mi
182-183 Streets (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
Fordham Road (4 Line) (4 - New York MTA Subway (The Subway))	1 min	7 min	0.4 mi
Burnside Avenue (4 - New York MTA Subway (The Subway))	1 min	7 min	0.4 mi
Fordham Road (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	2 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Laguardia	20 min	-	10.2 mi
John F Kennedy International	30 min	-	20.5 mi
Westchester County	36 min	-	23.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Matthew Shane 516-279-8828 All Island Commercial

27 Buchanan Pl Bronx, NY 10453 Bronx