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Location:

679 Magenta Street, Olinville, The Bronx, NY, USA

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🛏️ Bed 74

🚽 Bath 74

🏊 Half baths

📏 Sq.Ft 61800.00

🏠 Property Type Multifamily

Why Choose Us

QuickFlip Construction

The nation’s leading construction company for real estate investors, presents this exclusive off-market deal from one of our vetted, certified wholesalers. Review the renovation quote below and contact us if you're interested in this deal, have questions about the quote, or want to learn more about our 0% Down Loans programs.

One Day Verified Reno Budgets: Get an accurate, investor-friendly renovation budget in just one day, verified for speed and reliability
Dedicated Project Managers: Each team is led by a dedicated project manager for seamless communication and execution on your project
Camera Surveillance System: Get real-time monitoring of your renovation project with a full camera surveillance system to keep your investment secure
Money Back Timeline Guarantee: If we don’t complete your renovation on time, you get a credited to your account - we have skin in the deal with you.
One Year Warranty: Enjoy peace of mind with a full one-year warranty converging workmanship and materials on your renovation.

✅ PROPERTY DETAILS ✅

UNDER CONTRACT – 74-Unit Multifamily in Prime Bronx Location | 100% Assignment

Off-Market Multifamily Opportunity – Bronx, NY

Property Overview

Address: 679 Magenta Street, Bronx, NY 10467

Asset Type: Multifamily

Total Units: 74

Building Size: 61,800 SF

Purchase Price: $11,700,000

Cap Rate: 6.4%

Price/SF: $198

GRM: 8.27

Loan Amount: $10,000,000

Investor Entry Fee: $1,723,740

$1.6M down payment

$100K assignment fee

$23,740 closing costs

Investor assumes 100% ownership interest, cash flow, and equity.

This is Turn key property no work.

💼 Contracts are sold on a first-come, first-served basis at our BUY IT NOW price. A $5,000 earnest deposit (non-refundable) is required to secure the deal with our preferred attorney.

📝 For Inquiries & Offers:

Email: sales@quickflipconstruction.com

Call: 678 629 5431

Purchase Price

$ 11,700,000.00

ARV

$ 15,000,000.00

Reno. Budget

$ 0.00

View Verified Reno Budget

Potential Profit

$ 11,700,000.00

Make a Quick Offer

Mike Lopez

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679 Magenta Street, Olinville, The Bronx, NY, USA