Opportunity awaits at this 2 unit Multi-Family located at 3030 Kingsbridge Terrace. Whether for primary residence with rental income to offset your mortgage or pure investment this home is not to be missed! Comprised of 2 units, multiple outdoor spaces, and 2 car parking garage. Unit #1 has 2 sizeable bedrooms with a large living room, kitchen with dinning nook and full bathroom (currently tenant occupied). Walk up an additional flight of stairs to the duplex apartment offering expansive gorgeous Western views, tons of sunlight and yard access. On the first floor of the duplex there is a massive living and dining room with huge galley kitchen (with W/D) as well as a full bath. The 2nd floor of the duplex offers 4 sunny bedrooms with closets and a full bathroom with access to the roof with skyline views. At the entry level there is an additional bonus room with full bathroom and wet bar, perfect to use for a recreation room or storage area.

With close proximity to Fordham Road shopping district and just blocks away from the River Plaza shopping mall convenience is at your doorstep. Located near the B,D,4, and 1 trains. Current annual income $58,000, in place cap rate of 5.8%. Value add opportunity with under-market rent/parking rent, monetize the recreation room and coin operated laundry. Projected cap rate 7%. Low annual taxes of $6,493. Contact us to schedule private appointment and for income and expense.

Property Details of 3030 Kingsbridge Terrace, Unit NA

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Listed by Rachel D Field and Jill Ann Letts of Corcoran Group

Based on information submitted to REBNY as of May 28, 2022 10:49 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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