Mary Alice Ruppert
Licensed Associate Real Estate Broker, Career and Business Development Leader
REALTOR®, ABR, AHWD, C2EX, CRB, ePro, GRI, SFR, SRES
BEDS0
BATHS
MLS#1022442
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
Calling All Investors, Developers & End-Users!!! 8.7 Cap New 10 Unit Bronx Apartment Building Near University Ave. For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 8' Ceilings. Large Rear Yard, Sprinklers, 6 Parking Spaces, 4 Stories, 3 Phase Power All New LED Lighting, A/C, +++!!! The Property Is Located IN the Heart Of The Bronx Between I-278 & The Grand Concourse!!! The Building Is Situated Between University Ave. & Jerome Ave. Near Bronx Community College!!! This Building Was Built In 2022 & Has A 421-A Tax Abatement Until 2060!!! Neighbors Include Yankee Stadium, The Bronx Zoo, Chase Bank, USPS, Planet Fitness, AutoZone, Dunkin', Montefiore Medical Center, Saint Barnabas Hospital. H & R Block, Total Wireless, McDonald's, Taco Bell, Domino's, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!! Income: Unit 1A: $26,472 Ann.Unit 1R: $27,336 Ann.Unit 2A: $27,336 Ann.Unit 2B: $25,896 Ann.Unit 2C: $26,940 Ann.Unit 3A: $25,896 Ann.Unit 3B: $25,920 Ann.Unit 3C: $27,300 Ann.Unit 4A: $29,400 Ann.Unit 4B: $26,940 Ann.Gross Income: $269,439 Ann. Expenses: Electric: $2,403 Ann. Insurance: $6,250 Ann. Water & Sewer: $3,200 Ann.Internet: $1,080 Ann. Taxes: $3,600 Ann. Total Expenses: $16,533 Ann.Net Operating Income (NOI): $259,906 Ann. (8.7% Cap!!!)
Property Features
Property Type: Commercial -
Basement: See Remarks
Cooling: Multi Units
Heating: Electric
Lot Size: 0.05 Acres
Stories: 4.0
Taxes: $309
Year Built: 2022
Feature Descriptions
Building Area Total: 7500
Days on Site: 7
Exterior: Block
On Market Date: 2026-07-06
Parcel Number: 03194-0046
Parking Features: On Street
Parking Total: 6
Rental Term: Monthly
Sewer: Public Sewer
Units: 10
Utilities: Cable Available, Electricity Available, See Remarks
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agent Name: Mary Alice Ruppert
Agent Phone: Cell: (631) 424-4639
Agency Title: Howard Hanna | Coach Realtors
Mary Alice Ruppert
Office: (631) 581-7979 ext. 102
Cell: (631) 424-4639
Fax: (631) 581-3080
Voice Mail: (631) 581-7979
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2097 Davidson Avenue | MLS# 1022442
This commercial property located at 2097 Davidson Avenue, Bronx, NY 10453 is currently listed for sale with an asking price of $2,988,000. Davidson Avenue is located within the Contact Agent school district. Search Bronx real estate on mruppert.coachrealtors.com today.