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783 Grote St

783 Grote St, Bronx, NY 10460, USA
Available Now
$2,850,000
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FOR SALEMultifamily / Apartments Building
Cap Rate
6.5%
NOI
$185,101
Building Size
12,040SF
Parking Info
7 Spaces
Lot Size
7500SF
Zoning
R7-1
Listing Contacts
Real Estate Broker
View OM

More property details

Occupancy
100%
Currently Leased
No
Investment
Value Add
Property Class
B
No of Buildings
1
No of Stories
4
Units
12

Location

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783 Grote St
About the location

This 42-foot-wide, four-story apartment building features 12 residential units and seven on-site parking spaces. The basement includes a one-bedroom apartment, while the first floor contains two units—a spacious four-bedroom and a two-bedroom apartment. Each of the upper three floors houses three units, consisting of two two-bedroom apartments and one one-bedroom apartment per floor. All units are rent-stabilized and include a full kitchen, full bathroom, and a comfortable living/dining area. The apartments are generously sized, bright, and well-lit throughout the day.

Each unit is individually metered for cooking gas and electricity, with gas meters located within the apartments and electric meters in the basement. The building is equipped with a gas boiler and water heater, and the roof is in good condition. Recent upgrades include a new intercom system, enhanced electrical systems, and renovated kitchens and bathrooms. The property also offers spacious common areas ideal for adding plants and lounge seating, creating a welcoming atmosphere for residents.

Documents

FILE
781-783 GROTE STREET OM.pdf
1.26 MB · Listing document
783 Grote St
12,040 SF · multifamily · United States · NY
View OM