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3575 Laconia Ave
Bronx, NY 10469 Williamsbridge

$7,688,000 USD

Apartments For Sale  •  16,896 SF

Property Details

  • Property Type Apartments
  • Total Building Size 16,896 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 2022
  • Cap Rate 8.89 %
  • Zoning R5D
84 Transit Score
85 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!! 16,896 Sqft. 20 Unit Apartment Building With Private Gated Parking In The Bronx For Sale!!!
The Building Features Excellent Signage, Great Exposure, Low Property Taxes, 13 Parking Spaces In a Private Gated Lot, Bicycle Storage, Basement, +++
The Property Is Located In The Heart Of The Bronx Just Minutes From The Bronx River Parkway Off E. Gun Hill Road!!!
Neighbors Include Toyota, Nissan, YMCA, The Home Depot, L.A. Fitness, Macy’s, Dunkin’, Walgreens, Wendy’s, Aldi, IHOP, KFC, +++!!!
This Property Has It's Own Secure Private Parking Lot!!!!
This Property Offers HUGE Upside Potential!!!

Financial Summary (Proforma)

Net Operating Income: $683,173 USD (2024)
Cap Rate: 8.89 %
Total Expenses: $49,151 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Fenced Lot
  • Security System
  • Gated
  • Sprinkler System
  • Storage Space
  • Bicycle Storage
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Williams Bridge Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 17 min 0.9 mi
Woodlawn Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Gun Hill Road (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 12 min 0.7 mi
Gun Hill Road (5 Line) (5 - New York MTA Subway (The Subway)) 1 min 14 min 0.7 mi
219 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 17 min 0.9 mi
Burke Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Laguardia 22 min - 11.5 mi
John F Kennedy International 29 min - 19.0 mi
Westchester County 31 min - 19.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial