Property: Kingsbridge Terrace

Kingsbridge Terrace

A 2 Family, 3 Story + Basement at Bronx, New York

Enjoy significant savings with this high-return investment! For just a $50,000 down payment, you can own 2739 A Kingsbridge Ter, a beautifully renovated multifamily townhouse in the heart of Kingsbridge Heights, Bronx. In addition, purchase this property at a discounted price of $1.2million(includes closing cost), saving $100,000 compared to the market value of $1.3 million.

Rent the property to mosque members for $10,500/month, covering the full cost of the mortgage, taxes, and insurance— and still generate $1,420 in net rental income. Build equity, secure your future, and support your community with this exceptional opportunity!

This 2-family,3-story home includes 8 bedrooms,5 baths, and a full basement. Enjoy modern amenities and laundry hook-ups in all units. The owner’s duplex offers a spacious 3-bedroom,2-bath layout with private access to a private backyard.

Yours at only

$50,000

Downpayment

High Rental Income
$10,500/month

Build Equity
4–6% Annual Appreciation and Instant Equity

Discounted Purchase Price
$100,000 Savings On The Property Price

Highlights

2 Family, 3 story + Basement.
8 Bed, 5 Bath.
Owner Duplex W. Exclusive Backyard.
Size 18.75 ft x 63 ft.
3,544 Sqft.

Finished Basement.
Oak Wood Floors.
High Ceilings.
Close to 4/D Trains.
Close to Shopping.

Price

$50,000

Downpayment

$1,200,000

Net Selling Price

$50,000

Closing Cost

Why rent in Kingsbridge when you can own for the same price?

	Comparable Factor	Renting 2739 A Kingsbridge Ter	Owning 2739 A Kingsbridge Ter	Why It Matters
1	Initial Cost / Down Payment	Security deposit + 1st month Rent = ~$7,000	$50,000 down payment (Can be contributed by 2-3 Church or Mosque members)	Ownership requires more upfront but builds real, long-term value.
2	Monthly Payment	~$2,500–$3,500 Rent (rising yearly)	Mortgage, taxes , insurance is $9000 a month	Owning here can mean living mortgage-free while others cover your costs
3	Cashflow Potential	CASH OUTFLOWS: $42,000/year spent per apartment so $84,000 for two families + deposit of $7000	CASH INFLOWS: $10,500/month from tenants if rented out with a net income of $17,040/year. If buyer is staying in an anlternative accomodation	Immediate passive income ($1,420 net) + mortgage offset
4	Stability	Subject to lease terms, rent hikes	No such issues, but property repairs and maintenance costs	No surprise evictions or rent increases
5	Monthly Housing Cost	~$3,500/month (for a 2–3BR apartment in the Bronx) so $ 7000 for two families	Savings of rent of $ 7000 a month if property is for self -use	Instead of paying rent, you’re building equity in the property
6	Equity Gained Over Time	None	~$100K equity on day one via discounted price	Appraised at $1.3M but purchased for $1.2M = instant $100K equity gain.
7	Tax Benefits	Some Tax benefit is applicable for deducting rent from Salary for US residents	Mortgage interest and property tax deductions	Potential for thousands in annual savings
8	Asset Value Appreciation	No control or asset growth	Full control, Asset appreciation, tax deductions, rental savings	Your payments build your future, not your landlord’s.
9	Customization	Not allowed	Full control over upgrades and design	Make it truly your own, improve value over time
10	Community Impact	None	Contribute to Solving Housing Needs of Community	Supports affordable housing for your community while securing your investment.
11	Space & Control	Limited space, no control over upgrades	2-family townhouse, 8 BRs, 5 baths, private backyard	You get space, privacy, and owner comfort, all with income built in.