820 East 227th Street

$945,000, 9 Beds 5 Baths 3,006 Sqft .06 Acres

About This Property

Introducing a mint and audaciously designed, gutt renovated, humongous full brick 3 family house, fully executed for a savvy investor who takes pride in numbers that make sense! Located only 1 block from #2 and #5 trains, Manhattan express buses, Westchester Bee-line buses and other major city buses, only 15-20 minutes from downtown Manhattan, this huge 9 solid bedroom house with 5 bathrooms, 3 separate boilers, paved backyard with 2 car driveway is just what you need to complete your portfolio of investments for this year. Breakdown: 1st floor provides 3 full bedroom apartment, 1 bath with articulately designed modern kitchen. 2nd floor provides 3 bedrooms, 2 full gorgeous bathrooms also with detached dining room with closets galore. 3rd floor boasts of full aesthetics in designs with 3 full bedrooms, 2 baths, contemporary kitchenette with breakfast nook and granite counter-top with a huge deck that is accessed only through the master bedroom which provides a beautiful view of the neighborhood. Projected total gross income is $86,600 per annum, property tax at $5,736, NOI at $79,964, total expenses at $6,636 per annum, Cap rate is projected at 8.5%. Come purchase a luxury with huge returns. Remember, your money makes sense!

Essential Information

MLS® #5018384
Tax Amount$5,736
Full Baths5
Square Footage3,006
Year Built1920
TypeMulti-Family 2-4
StyleContemporary, Two Story

Community Information

Address820 East 227th Street
Zip Code10466


Parking Spaces2
ParkingPrivate Parking


1st Fl Master Bedroom, 1st Floor Bedrm, Balcony, Close to Bus, Close to Park, Close to Railroad, Close to School, Close to Shops, Eat in Kitchen, Fenced, Foyer, Granite Countertops, Hardwood Floors As Seen, Master Bath, Storage, View, Walk In Closet, Sky Light


HeatingBase Board


Lot DescriptionLevel

School Information

ElementaryCall NYC DOC
MiddleCall NYC DOC
HighCall NYC DOC

Listing Details

Listing Courtesy ofCharles Rutenberg Realty, Inc.

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Listing information last updated on November 12th, 2019 at 2:43am CST.

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