Presenting 915 Eagle Ave, a rare opportunity to acquire a fully stabilized, 10-unit multi-family property in the heart of the Bronx. Built in 2018, this newer construction building offers immediate cash flow with 100% occupancy and a strong NOI. Property features 4 studio units, 5 one-bedroom/one-bathroom units, and 1 two-bedroom/two-bathroom unit totaling 6,762 SF. All units feature hardwood floors and full kitchens, appealing to a broad tenant base with consistent rental demand. Additional benefits include a 35-year 421-a Real Estate Tax Abatement, providing significant tax savings and enhancing investment returns. Perfect for 1031 exchange investors seeking turnkey, cash-flowing assets with tax advantages. Rare find in today's market.
915 Eagle Avenue, Bronx, NY, 10456
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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