1945 Gleason Avenue

$1,300,000
Price
Beds
4,320 Sq. Ft.
$301 / Sq. Ft.
4,320
Sq. Ft.
$301
per Sq. Ft.

Description

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate.Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate.
  1. Listed by Kenneth Fuentes • Keller Williams Realty NYC Grp
    P: 718-697-6800 C: 718-697-6800 kfuentes@kw.com
  2. Listed by Annecy Fuentes • Keller Williams Realty Group
    P: 914-713-3270 C: 917-684-1364 annecy.fuentes@kw.com

Property Details for 1945 Gleason Avenue

Garage Spaces
.00
LISTING UPDATED: 09/16/2024 10:13 AM

Property Details for 1945 Gleason Avenue

StatusActive
MLS IDH6327685
Days on Market7
Taxes$15,296 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1928
Lot Size2,574 SF / 25' x 103'
CountyBronx County

Building

1945 Gleason Ave

6 Units3 StoriesBuilt in 1928

Building Information for 1945 Gleason Avenue

Stories3Residences6Year Built1928Building Size20' x 72'Building Sq. Ft4,320 SFLot Size2,574 SF / 25' x 103'Building Age-Building Type-

Property Information for 1945 Gleason Avenue

Summary
Location and General Information
  • Village: Bronx
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: White Plains Rd to Gleason Ave
  • Property Attached: Yes
  • Structure Type: true
  • Square Footage Source: Other
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: City of New York
  • Elementary School District: City of New York
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: City of New York
  • Middle Or Junior School: Call Listing Agent
  • High School District: City of New York
  • High School: Call Listing Agent
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 4
  • Number Of 2 Bedrooms: 2
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 6
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03793-0080
  • Tax Map Number: 03793-0080
  • Tax Assessed Value: $366,750.00
  • Additional Fees: 0
Income & Expenses Information
Income & Expenses Information
  • Fuel Expense: $8,950.00
  • Other Expense: $2,400.00
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area: 4320.0
  • Living Area Units: Square Feet
  • Basement: Finished, Full
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: None
  • Elevation Certificate: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 7
  • Garbage Removal: Public
  • Sewer: Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 7
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 1945 Gleason Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1945 Gleason Avenue

Taxable ValueLand$4,950Additions$361,800Total$366,750
Home Facts
Total Finished SqFt4,320 SqFtLot Size2,575 SqFtYear Built1928ZoningR5APN2037930080

Schools near 1945 Gleason Avenue

This home is within New York City Geographic District # 8.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
DR Emmett W Bassett School (The)
PublicPK to 5

Jhs 125 Henry Hudson
Public6 to 8

Antonia Pantoja Preperatory Academy
Public6 to 12

Blueprint Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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1945 Gleason Avenue is a multi-family home for sale in Unionport. This property was listed for sale on September 13, 2024 by Keller Williams Realty NYC Grp, it's currently listed at $1,300,000. This listing's school district is New York City Geographic District # 8. Nearby schools include DR Emmett W Bassett School (The), Jhs 125 Henry Hudson and Antonia Pantoja Preperatory Academy. 1945 Gleason Avenue is a 0-bed, 0-bath, 4,320 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty NYC Grp; Keller Williams Realty Group

This 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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.