Daniel Gale Sotheby's International Realty

Licensed Associate Broker, GRI, CBR & SRES | Direct: 631.692.9298

Daniel Gale Sotheby's International Realty

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  • Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
    1945 Gleason Avenue Bronx, NY 10472
    $1,295,000
    Sq. Ft. 4320.00:# Square Feet
    Multi Family Commercial ML# H6327685
    Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.
    Presented By: Keller Williams Realty NYC Grp  718-697-6800
    Call Today: (631)-692-9298, or  Email: Jeanne Leonard
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Jeanne Posillico Leonard Licensed Associate Broker Direct: 631.692.9298 jeanneleonard@danielgale.com
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5 Main Street, Cold Spring Harbor, NY 11724 | Direct: 631.692.9298

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Each office is independently owned and operated. We are pledged to provide equal opportunity for housing to any prospective customer or client, without regard to race, color, religion, sex, handicap, familial status or national origin.

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Direct: 631.692.9298
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Jeanne Posillico Leonard

Jeanne Posillico Leonard

Licensed Associate Broker

Direct: 631.692.9298 Email:
5 Main Street, Cold Spring Harbor, NY 11724