Description
Can be purchased together with next door 243 E 202nd Street.Corner lot R8 Zoning, Max. Allowable W/ Facility FAR: 6.5, Lot Dimensions 22.67' X 100', a big potential to build up (please consult with architect).A short block away B,D train station, close to 4 train station, Bus BX1, BX2, BXM4, close to college,famous high schools,hospital and all. Detached 2-story building with a 3-bedroom apartment on the ground floor, a 3-bedroom apartment on 2nd floor, Full walk out basement with OSE.Projected monthly rental income around $5000, expense $800/month including insurance, property tax, fuel, water & sewer, projected CAP rate 4.0%.Will deliver vacant, sell as is. As per property owner, please don't bother the occupants.All offers must be in writing w/ proof of funds & pre-approval. No offer considered accepted until contract fully executed.All info deemed reliable but not guaranteed, Buyer re verify all info.
