Excellent opportunity to purchase an extremely desirable, detached 26'x62' brick 5-Family building, plus 2 car garage in the Heart of The Bronx! This impressive property sits on an oversized 26'x126.5' lot and consists of (3) 2 bedroom apartments,(2) 1 bedroom apartments, plus a full basement with interior + exterior access. This free-market building has a current rent roll of $105,300 - 6% current Cap rate - 7% Projected Cap! Much upside potential. Here's the turn-key investment opportunity you've been searching for! This property also carries the highly sought-after R8 zoning, allowing for up to 20,052 Buildable Sq. Ft. 185 E. 205th St. has been meticulously cared for and is now available to a new owner who can appreciate it's full charm and beauty. Not to be missed!
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