ID: 3533
BRONX NEW YORK
NEW CONSTRUCTION PORTFOLIO
short term seller financing
all are program tenants / city fheps (technically Rent Stabilized until the Tax Abatements expire in mid to late 2050's)
3 new constructed buildings
35 year 421a tax abatement
strong day 1 cash flow
no capital expenditures required
100+ units
7% cap rate
they are all program tenants (city fheps)
all 3 bldgs have 35 year 421a tax abatement
in place with workbooks for affordable housing
direct buyers please.
BRONX NEW YORK
NEW CONSTRUCTION PORTFOLIO
short term seller financing
all are program tenants / city fheps (technically Rent Stabilized until the Tax Abatements expire in mid to late 2050's)
3 new constructed buildings
35 year 421a tax abatement
strong day 1 cash flow
no capital expenditures required
100+ units
7% cap rate
they are all program tenants (city fheps)
all 3 bldgs have 35 year 421a tax abatement
in place with workbooks for affordable housing
direct buyers please.
ID: 3533
BRONX NEW YORK
NEW CONSTRUCTION PORTFOLIO
short term seller financing
all are program tenants / city fheps (technically Rent Stabilized until the Tax Abatements expire in mid to late 2050's)
3 new constructed buildings
35 year 421a tax abatement
strong day 1 cash flow
no capital expenditures required
100+ units
7% cap rate
they are all program tenants (city fheps)
all 3 bldgs have 35 year 421a tax abatement
in place with workbooks for affordable housing
direct buyers please.
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