3545-3547 Carlisle Place presents a rare opportunity to acquire a modern, 2011-built 16-unit (two 8 unit tax lots) multifamily asset in the Williamsbridge section of the Bronx, offered at a 7.9% cap rate on in-place income. Assumable below market debt in place. Consisting of two separate 8 unit tax lots built in 2011 over four stories with 11,630 SF of gross building area on a 0.11-acre R6A parcel, the asset offers institutional-quality construction with low expected near-term capex.
Tenants pay their own heat and electric.
Inquire about assumable below market rate debt (3.75%)
421-A tax abatement in place.
This is part of a multi-property portfolio, inquire about the other properties on the market within the portfolio.
3545-3547 Carlisle Place, Bronx, NY, 10467
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.
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