Package deal offering two well-maintained, cash-flowing semi-detached brick triplexes in Bedford Park, Bronx. Built in 2007, each property features three spacious 3-bedroom, 2-bathroom apartments—each with separate heating and hot water systems, with tenants paying all utilities. Both buildings include full finished walk-out basements and share a large backyard. A private driveway accommodates six side-by-side parking spots, generating additional income potential. Combined current NOI is $187,190, with a tax abatement in place until 2032 and taxes at just $500 per month. Prime location just one block from Grand Concourse and near the B, D, and 4 subway lines. An exceptional opportunity to acquire six free-market units, two finished basements, and private parking in a growing neighborhood.
Must be purchased as a package with 2877 Briggs Ave MLS#878577
Type:
Single-family residential
Cooling:
Wall/Window Unit(s)
Basement:
Finished, Full, Walk-Out Access
Utilities
Trash Collection Public, Underground Utilities
2875 Briggs Avenue, Bronx, NY, 10458
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
