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2114 Daly Ave 28 Unit Apartment Building £2,766,342 (£98,798/Unit) 9.40% Net Initial Yield Bronx, NY 10460



EXECUTIVE SUMMARY
Safdie Realty Group has been exclusively retained to sell 2114 Daly Avenue. The subject property is located between East 180th Street & East 181st Street in West Farms, Bronx. The property offers 28 apartments of which four are vacant. The property is built 43 ft x 100 ft, offering approximately 21,355 square feet. 2114 Daly Avenue sits on a 43 ft x 121 ft lot. The property is located within walking distance to the 2 & 5 subway lines.
PROPERTY FACTS
| Price | £2,766,342 | Costar Property Class | C |
| Price Per Unit | £98,798 | Total Plot Size | 0.12 ac |
| Sale Type | Investment | Property Size | 19,356 sq ft |
| Yield | 9.40% | Average Occupancy | 86% |
| No. Units | 28 | No. Floors | 5 |
| Property Type | Build-to-Rent | Year Built | 1911 |
| Property Subtype | Apartment | Parking Allocation | 0.7/1,000 sq ft |
| Apartment Style | Mid-Rise | ||
| Use Class | R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements. | ||
| Price | £2,766,342 |
| Price Per Unit | £98,798 |
| Sale Type | Investment |
| Yield | 9.40% |
| No. Units | 28 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.12 ac |
| Property Size | 19,356 sq ft |
| Average Occupancy | 86% |
| No. Floors | 5 |
| Year Built | 1911 |
| Parking Allocation | 0.7/1,000 sq ft |
| Use Class | R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Smoke Free
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Smoke Free
- Bicycle Storage
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 1 | - | 450 |
| 3+1 | 18 | - | 900 |
| 4+2 | 6 | - | 1,100 |
| 5+2 | 3 | - | 1,200 |
1 1
Walk Score®
Easily Walkable (87)
Transit Score®
Rider's Paradise (98)
PROPERTY TAXES
| Parcel Number | 03128-0005 | Improvements Assessment | £298,765 |
| Land Assessment | £52,822 | Total Assessment | £351,587 |
PROPERTY TAXES
Parcel Number
03128-0005
Land Assessment
£52,822
Improvements Assessment
£298,765
Total Assessment
£351,587
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2114 Daly Ave
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