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MANHASSET LONG ISLAND NEW YORK
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143 Lincoln Avenue, New York, 10454 $3,400,000

Multi Family For Sale  

Property Picture
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Details ML#: H800233  

  • Style: Multi Family
  • # of Families: 29
  • Year Built: 1910
  • Taxes: $86,920
  • Status:Active

Description

Located in the vibrant Port Morris section of the Bronx, 143-153 Lincoln Avenue offers a prime investment opportunity with strong growth potential. This well-maintained property spans 12, 500 sq. ft. and features six brick, 4-story walk-up buildings with 29 residential units and two commercial spaces. The residential units, a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing steady rental income. The commercial spaces are leased to thriving small businesses. The expansive lot also offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Just one block from the 3rd Avenue Bridge, the property offers easy access to Manhattan and major highways, with the surrounding neighborhood undergoing growth and revitalization. This property is an ideal opportunity for investors seeking both immediate cash flow and long-term value appreciation. BuildingAreaSource: Other,

More Property Details

Property Features

Garage: 0.0  

Appliances & Utilities

Heat: Oil   A/C: None   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $86,920  

Listing Information provided courtesy of Keller Williams Realty NYC Grp  718-697-6800
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OneKey™ MLSThe 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. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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