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1122 Fox Street

Bronx, NY 10459
  • $1,349,999
  • STATUS: Active
  • MLS #: H6275734
$1,349,999
  • 17
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 5,280
    SQFT
  • $256
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1901
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Douglas Elliman has been retained on an exclusive basis to arrange the sale of 1122 Fox St, a 5,280 sqft, four-unit, walk-up townhouse, in the Foxhurst section of the Bronx. This residential building contains four floor-through, oversized apartment units. Featuring 17 bedrooms in total A $250,000 investment was made into the property in 2018, which contributes to its low operating costs and above-market cap rate. Tenants pay for their own electric, cooking gas, and hot water, while the owner pays for the building's heat. With current income the property boasts a cap rate of 9.1%, and given the updated rent guidelines an investor could achieve almost 11% as the leases are renewed. Local shopping along the Westchester Ave and Southern Blvd commercial corridors. Conveniently located along the MTA's number 2 and 5 train lines, only two blocks from the Simpson Street station

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2024-04-18T18:00:41.543.
www.thisoldhudsonrealestate.com/homes/144795748
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1122 Fox Street Bronx, NY 10459

  • Price: $1,349,999
  • Status: Active
  • On Site: Days
  • MLS #: H6275734
17
Beds
4
Baths
0
½ Baths
0.05
Acres
5,280
SQFT
$256
$/SQFT
1901
Built
Neighborhood:
Bronx
County:
Bronx
Area:
Bronx
Elementary School:
Call Listing Agent
Middle School:
Call Listing Agent
High School:
Call Listing Agent
School District:
City Of New York
Property Description
Douglas Elliman has been retained on an exclusive basis to arrange the sale of 1122 Fox St, a 5,280 sqft, four-unit, walk-up townhouse, in the Foxhurst section of the Bronx. This residential building contains four floor-through, oversized apartment units. Featuring 17 bedrooms in total A $250,000 investment was made into the property in 2018, which contributes to its low operating costs and above-market cap rate. Tenants pay for their own electric, cooking gas, and hot water, while the owner pays for the building's heat. With current income the property boasts a cap rate of 9.1%, and given the updated rent guidelines an investor could achieve almost 11% as the leases are renewed. Local shopping along the Westchester Ave and Southern Blvd commercial corridors. Conveniently located along the MTA's number 2 and 5 train lines, only two blocks from the Simpson Street station
Exterior Features

Architectural Style Townhouse Attached Garage YN No Construction Materials FrameStucco Parking Features On Street Property Attached YN Yes Road Responsibility Public Maintained Road

Interior Features

Basement Details FinishedFull Common Walls 2+ Common Walls Cooling Window Unit(s) Cooling YN Yes Flooring Hardwood Heating OilHot WaterSteam Hot Water Gas Stand Alone

Property Features

Garbage Removal Public MLSArea Minor 99 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 4 Property Sub Type Multi Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 1243 Tax Annual Amount1 1243 Tenant Pays Cooking GasElectricity Village Bronx Water Source Public

Listing courtesy of Robin Lennon of Douglas Elliman Real Estate: (718) 884-5815
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2024-04-18T18:00:41.543.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534