3542 Tiemann Avenue

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3542 Tiemann Avenue

Bronx, NY 10469
Asking Price
$1.95M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Five-unit multifamily apartment building available for purchase
  • Asset is located at 3542 Tiemann Avenue in Bronx
  • The asking price for the property is 1,950,000 dollars
  • Positioned within the established Bronx residential real estate submarket

What's Special

The Bronx continues to serve as a vital residential corridor within the New York City metropolitan landscape, offering consistent demand for well-positioned rental housing. Situated at 3542 Tiemann Avenue, this multifamily apartment building provides a stable footprint in a dense urban environment characterized by its accessibility and proximity to essential neighborhood infrastructure. The property comprises five distinct units, catering to the ongoing requirement for multi-family residential accommodations in the borough. Investors seeking to expand their portfolio in this active market will find the asset well-suited for long-term rental income generation. The building layout allows for efficient management while maintaining its position within a neighborhood that balances local community character with the broader connectivity of the city. Prospective buyers can leverage the existing density of the Bronx to maintain occupancy and serve the local housing market.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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