1323 Purdy Street (MLS #1028996) is an 8-unit NON-rent-stabilised building in the Parkchester/Castle Hill section of the Bronx that can be purchased individually or in conjunction with two adjacent sister properties: 1321 Purdy Street (MLS #1025742) and 1325 Purdy Street (MLS #1029004). The seller is the original owner and builder of the building. There are 7 one-bedroom units and 1 garage/office space. Each apartment has its own boiler unit. Gas and electric are separately metered as well, so all tenant utility expenses are paid for by the tenants, with the exception of water. The current annual rent roll is $147,420 with annual expenses of $53,090, creating a 2025 net operating income of $94,330. The property has a high majority of cash, on time paying tenants. Units are in above-average condition. A further breakdown of revenue, expenses, and layouts is available. The property is conveniently located a short distance to the Castle Hill #6 subway line, making it perfect for Manhattan commuters. Please note that the photos posted are from the three adjacent properties for sale: 1321, 1323, and 1325 Purdy. Full video available as well.
Listing By
Agency Name: Keller Williams Realty NYC Grp
Agency Contact: 718-697-6800
Shown By
Agent Name: LP Finn
Agent Phone: (800) 321-7356
Agency Title: Howard Hanna | Coach Realtors
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1323 Purdy Street | MLS# 1028996
This commercial property located at 1323 Purdy Street, Bronx, NY 10462 is currently listed for sale with an asking price of $1,950,000. Purdy Street is located within the Contact Agent school district. Search Bronx real estate on www.lpfinn.com today.