$1,500,000
Active
1 days on market
1618 Taylor Ave
📍 Bronx, Bronx, NY 10460
8.0
Beds
3.0
Baths
3,080
Sqft
$487
Per sqft
1927
Year built
Land
Type
About this property
Investor opportunity at 1618 Taylor Avenue, Bronx, NY 10460! This fully occupied four-unit multifamily property offers approximately 3,080 square feet of gross building area on a 2,375-square-foot lot. Featuring a mix of 2-bedroom and 3-bedroom apartments, this income-producing asset provides multiple rental income streams. The property generates approximately $172,546 in annual gross rental income, with a reported pro forma net operating income of $133,248. All four units are occupied, with rental income supported in whole or in part by government subsidy programs or agency/organizational lease arrangements, subject to verification. With reported operating expenses of approximately $34,122
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Key facts
2,375 sq ft lot
Built 1927
Property details
Property typeLand
Listing statusActive
Lot size2,375 sqft
Year built1927
Days on market1 days
MLS #1060708
Estimated monthly payment
Listing price$1,500,000
Down payment (20%)$300,000
Loan amount$1,200,000
Principal & interest (7%, 30yr)$7,983/mo
Property tax (est.)$1,458/mo
Home insurance (est.)$625/mo
Estimated total$10,066/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.