2968 Middletown Road
2968 Middletown Road Bronx, New York 10595 United States

$4,200,000
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Building has 4 tenants, one being the US Post Office. For PO, owner pays water and tax increases. Other 3 tenants pay own water and 25% of tax increases. All tenants responsible for own gas and snow plow expenses. Owner pays property insurance...
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Houlihan Lawrence Commercial

Listing Courtesy of Houlihan Lawrence Commercial
$4,200,000
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Price / Sq. Ft.:
$720
5,833 Sq Ft.
Interior
Commercial
Property Type
1932
Year Built
4940390
Web Id
4940390
MLS ID
New York City Department Of Education
School District
88
days ago

About 2968 Middletown Road

Building has 4 tenants, one being the US Post Office. For PO, owner pays water and tax increases. Other 3 tenants pay own water and 25% of tax increases. All tenants responsible for own gas and snow plow expenses. Owner pays property insurance ($8,000/yr).Rents:Tenant 1 (PO) $6,900 mo (1 yr left of 20 yr lease w/10 yr option) (increase of $700 every 5 yrs)Tenant 2 $3,900 mo (lease exp 6/30/25, 5 yr option)Tenant 3 $4,100 mo ($100 yearly increases) (lease exp 2/28/26, 5 yr option)Tenant 4 $3,700 mo (lease exp 3/31/22, 5 yr option)Annual income: $223,200Annual expenses (tax, insurance, maintenance): $45,330NOI: $177,860

Listing Courtesy of Hudson Gateway Multiple Listing Service, Inc. (HGMLS)

PROPERTY INFORMATION

Cooling
Central
Heating
Base Board
Water
Municipal

EXTERIOR

Lot Description
Corner Lot
2968 Middletown Road, Bronx, New York 10595 United States is a Commercial for Sale for $4,200,000. Was built in 1932, has 5,833 Sq.Ft. ( m2) on a lot of sq ft . And it's composed from Bedrooms, full baths and partial baths.
Listing Courtesy of Houlihan Lawrence Commercial