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Ellen Ruffalo

Licensed Associate Real Estate Broker

  • Office 914-401-9700
  • Cell 914-646-1209
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1946 Mcgraw Avenue, BRONX, NY – $1,200,000

  • 25 Beds
  • 6 Baths
  • 4,800 Sqft
  • ½ Acres
  • 25 Beds
  • 6 Baths
  • 4,800 Sqft
  • ½ Acres

1946 Mcgraw Avenue

**8.1% Cap Rate with upside potential for 12% return. Buyer is eager to sell! This is one of three adjacent buildings with a spacious backyard. (Option available to buy all three adjacent buildings 1942-1944-1946 McGraw Ave) Each building has 3 huge above-ground apartments as well as a large basement with a separate entrance to the street. Construction is relatively new from 2008, having also been recently renovated in 2019. Property is very well maintained in great condition. This lot is zoned as R6, granting a significant amount of additional buildable SF. Located within a couple hundred feet from subway line 6, as well as main bus lines providing excellent transportation options. There are major shopping areas, restaurants and entertainment venues all within a few blocks. There are several new multifamily developments currently in construction within a few blocks. Rent Roll and T12 Pro Forma are all available upon request.

Essential Information

  • MLS® #H5122470
  • Price$1,200,000
  • Bedrooms25
  • Bathrooms6.00
  • Full Baths3
  • Half Baths3
  • Square Footage4,800
  • Acres0.05
  • Year Built2008
  • TypeResidential Income
  • Sub-TypeMulti Family
  • StyleTownhouse
  • StatusPending

Community Information

  • Address1946 Mcgraw Avenue
  • CityBRONX
  • CountyBronx
  • StateNY
  • Zip Code10462

Amenities

  • ParkingDriveway
  • GaragesDriveway

Interior

  • HeatingNatural Gas, Forced Air
  • CoolingWindow Unit(s)
  • Has BasementYes
  • BasementFull

Exterior

  • ExteriorBrick
  • ConstructionBrick

School Information

  • DistrictBronx 10

Additional Information

  • Date ListedNovember 26th, 2019
  • Days on Market120
  • HOA Fees0.00

Listing Details

  • Listing Courtesy ofMont Sky Real Estate Hudson
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Listing Courtesy of Mont Sky Real Estate Hudson.

The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Giner Realty are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

Information deemed reliable but not guaranteed.

© 2020 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 30th, 2020 at 11:00am EDT.