188 Buena Vista Avenue
Property Description
Welcome to this well-positioned six-family property offering an excellent opportunity for investors, owner-occupants, or buyers looking for a property with strong income potential. Each apartment features a spacious two-bedroom layout with a separate dining area, generous storage, hardwood floors, high ceilings, abundant natural light, updated kitchens, and improved bathrooms. The property also offers a detached two-car garage, driveway parking, and a fenced rear yard providing useful outdoor space. The building is rent stabilized and currently generates approximately $126,000 in annual income, with reported expenses of approximately $36,000. One apartment is currently vacant, providing flexibility for a new owner and the opportunity to utilize the unit according to applicable regulations. A full basement provides additional space and potential for future use, subject to required approvals. Located less than a half-mile from the Ludlow Metro-North Station, the property offers convenient access to Manhattan, as well as nearby bus service, shopping, restaurants, and recreation. With six residential units, parking, outdoor space, a commuter-friendly location, and one vacant apartment, this property offers a unique opportunity for both those seeking income-producing real estate and buyers looking for a property with additional possibilities.
Broker Details
Redfin Corporation (917) 405-0500
MLS ID: 12972 State License Number: 10301201440
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $999,000 |
| No. of Units: | 6 |
| Year Built: | 1913 |
| Opportunity Zone: | No |
| Price per unit: | $166,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 6 |
ID: 3yd-MLSLINY-1057390
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