Property Description

Exceptional multifamily investment opportunity at 130 West 195th Street in the Kingsbridge section of the Bronx! This substantial 32 unit, five story brick apartment building offers approximately 24,250 square feet of building area and features classic prewar architecture with an attractive brick facade. According to the seller provided rent roll, the property is 100% occupied with a reported annual rental income of $462,996, annual operating expenses of $232,120.64, and a net operating income of approximately $230,875. The property consists of a mix of one, two, and three bedroom apartments, offering a diversified residential unit configuration. Conveniently situated in an established residential neighborhood with easy access to public transportation, including the nearby 4, B, and D subway lines, providing connections to Manhattan and throughout New York City. Just minutes from Lehman College, Fordham University, Jerome Park Reservoir, Van Cortlandt Park, the Kingsbridge Armory, shopping, restaurants, supermarkets, schools, and neighborhood amenities. The location offers convenient access to major roadways and surrounding Bronx communities. With 32 residential units, established rental income, and a desirable location near transportation and educational institutions, this property presents an opportunity for investors seeking a sizable income producing multifamily asset in the Bronx. Financial information is seller provided and subject to buyer verification.

Property Features

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