529 E 156th Street #68D

Concourse, New York City, NY · 2 days on market · View on Zillow

529 E 156th Street #68D

$400K somewhere else buys…

3 bedrooms · 2 baths · 1,100 sqft

Built 1994 · 1 Parking space · $364/sqft (city median $730)

If you are looking for an updated 3-bedroom, 1.5 Bathroom Duplex Condo in the South Bronx with parking, then this is one you will want to see. Located in a quiet and gated community, this unit features an updated kitchen, living room, a new washer and dryer in the unit, and updated bathrooms.

What this place offers

  • Heating: Natural Gas, Other
  • 1 Parking space
  • HOA $717 monthly

The numbers

$4K/yr

Property tax (actual rate)

$1K/yr

Insurance (quoted)

$400,000

Down payment20% · $80,000
%
Mortgage (principal + interest)$2,002
Property tax$323
Home insurance$120
HOA / maintenance$717
All-in monthly$3,162/mo

You'd need about $135,512/yr in household income (28% rule) plus $80,000 in cash.

Would rent for ~$2,000/mo · 6.0% gross yield

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