516 E 142nd Street E, Bronx, NY 10454

$949,000 Asking Price

6 beds
2 baths
2,040  sqft
Built in 1901

Best multi-family deal in Mott Haven Bronx! Incredible opportunity for an investor OR end user alike. This property boasts a strong 8% Cap Rate when fully rented OR you can occupy the vacant 1st floor while collecting rent on the rest of the home. This is a large 2 family home with over 2,000 square feet between the 1st and 2nd floor and a walk in basement with an entrance in the front and the rear. The upstairs 3 bedroom unit is rented to a great tenant who is in good standing. The 1st floor is fully vacant and recently renovated featuring hardwood floors, a large living room, private terrace and spacious bedrooms. Off the master bedroom is a large private yard. The home is located just a couple minute walk to the Brook Ave-6 Train subways and just 2 stops to Manhattan. In the immediate vicinity you have multiple parks including St. Mary's Park and Dog Run. Groceries, restaurants, bars, transportation and just about anything you need. Reach out to Brian to schedule!

Features & Amenities

Interior

Basement:
Finished, Full
A/C:
true, Window Unit(s)
Heating:
Natural Gas, Baseboard

Exterior

Parking:
None

Location

Originating MLS:
onekey
School District:
Bronx 7
County:
Bronx

Lot

Zoning:
02268-0012

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
onekey
Exclusions:
None

This listing courtesy of:
eXp Realty

About Bronx, NY

Housing

Number of Units
525,376
Median Home Value
$406,796
Median Rent
$1,107

79.66% of housing units are renter occupied.

4.69% are vacant.

Commute

Car
25.02%
Public Transportation
52.80%
Walk to Work
6.74%
Work from Home
14.45%
Other
0.58%

The median travel time to work is 41 minutes.

People

Population
1,405,186
Median Age
35.50
Median Household Size
2.82

Education

High School
28.62%
Associate’s Degree
7.69%
Bachelor’s Degree
13.10%
Graduate Degree
7.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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