Buy with Yoreevo
$3,038,000
List Price: $3,100,000
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253 E 206th Street
House in Norwood •  building info
studio • 2,800ft² $1,107 per ft²
Buy with Yoreevo

$3,038,000

List Price

$3,100,000

Key Details
Days on market
14
Last price change
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Estimated payment
$20,520/mo
Taxes
$2,885/mo
Maintenance
N/A
Description
10-Unit Multifamily – Norwood, Bronx | Owner Financing – Just 15% Down | Below-Market Rents – High Upside Outstanding investment opportunity in the heart of Norwood, Bronx — this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden. Owner Financing Available – Just 15% Down! Finance up to 85% of the purchase price 5.75% fixed interest rate Skip the banks – flexible seller-backed terms Property Highlights: 10 residential units with strong rental demand Rents are well below market – unlock major income potential Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors Quiet, residential block in a rapidly appreciating neighborhood Perfect for value-add investors, 1031 exchanges, or long-term hold strategies This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,100,000
Asking Price: $3,100,000
Term
30 Years
Down Payment
$310,000 (10%)
Min: 10% (310,000)
Rate
6.5 %
Mortgage Amount
$2,790,000
Mortgage Payment
$17,635
Taxes
$2,885
Estimated Yoreevo rebate
$62,000
Estimated closing cost
$120,000
Total monthly cost $20,520
Buy your dream home with us and get an estimated $62,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Blue Brick

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