Brown Harris Stevens

Search
1910 Pelham Parkway
Apartment #4B/7C/3F
$325,000 Price
5 Bedrooms  
CloseClose Video
Photo 1 of 1910 Pelham Parkway 4B/7C/3F, Bronx, New York, $325,000, Web #: 6290191Previous PhotoNext Photo1 of 13

Sponsor is retiring! Rare opportunity for investors. POSITIVE CASH FLOW CASH Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units. Unit #7C status: RS size: 2BR/2BTH Shares:...

Sponsor is retiring! Rare opportunity for investors. POSITIVE CASH FLOW CASH Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units. Unit #7C status: RS size: 2BR/2BTH Shares: 337 rent: $1,286 Maint: $1,266 lease expiration 10/31/2025. The tenant has been renting since the Sponsor bought the unit in 1997. He is an older man. His sister is in charge of his affairs. She sends in his rent and she is not interested in living there. He has no children nor a wife. Unit #3H status: FM size: 1BR shares: 180 rent: $1,550 Maint: $677 lease expiration: 04/30/2025. The tenant has been renting for the past 5 years. Unit #4B status: RS size: 2BR/1BTH shares: 242 rent: $ 909 Maint: $909 Lease expiration:11/30/2024. The tenant is the daughter of the original tenant. That means that she can not pass on the status of RS to anyone else. She has no children. When the tenant vacates the unit becomes FM and can be sold or rented at any price. Total: shares 759 rent: $3,745 Maint: $2852 Positive cash flow: $893 X 12 = $10,716 yearly Leases and 2022 financials will be provided upon request. The seller is the owner of unsold shares that do not require board approval. Pelham Towers is a well-maintained 1964 building located in the residential section of Pelham Bay. Excellent location near Pelham Bay Park, Orchard Beach, City Island, Jacobi Hospital, Baychester shopping mall, and the New England Thruway. Close to the #6 Pelham Bay train station, main bus terminal, and express bus to Manhattan. Near shopping and restaurants. Great Investment!!

Listing courtesy of Gerard R Desgranges

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bronx, New York
Type: Cooperative
Price: $325,000
Web ID: 6290191

Info & Amenities

Type: Co-op
Rooms: 12.0
Bedrooms: 5
Bathrooms: 4.0
Built: 1964

Map of Area for 1910 Pelham Parkway 4B/7C/3F

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-833-312-0654 for assistance. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS does not require a homebuyer to sign an exclusive brokerage agreement requiring the homebuyer to work only with BHS on all properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2024 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.