Parkchester
An emerging New York City market
Our Business
CPM-Capital LLC. is full-service, boutique property management company focused on apartments in the Parkchester neighborhood in the Bronx. With the recent multimillion dollar investment in the community it is one of the up-and-coming neighborhoods in New York. CPM-Capital provides unsurpassed property management services to condominiums where the owner needs local management to safeguard their investment. We invite you to explore our user-friendly and highly informative website filled not only with information about CPM-Capital, but also with useful resources for property owners such as property-related information, useful links to important websites, our projections, and other regulations in New York.
Why Partner with CPM-Capital
We are looking for investors who understand the value of the Parkchester neighborhood and a large condominium complex in the Bronx with 171 towers and 13,000 apartments. We are looking for investors to buy here because of the guaranteed high dividends and capital gains through the security of Section 8.
Dividends from Section 8
CPM-Capital is certified to rent apartments to Section 8 tenants which provides guaranteed market value rent to owners. Section 8 provides vouchers to eligible low and middle-income families to rent housing in the private market.
Capital Gains
With the multimillion dollar investment in Parkchester, including the addition of the MetroNorth Train Station and new hospital, the likelihood of property value rising has drastically increase.
MetroNorth Train
Parkchester is already a safe, vibrant and diverse neighborhood. The arrival of the train station will accelerate a growth that has been ongoing for decades, and will shine a spotlight on fundamental value that already exists in this wonderful community. The MetroNorth train is the final ingredient, and Parkchester will truly have everything it needs to compete favorably with Hoboken, Long Island City, Harlem, and other thriving NYC neighborhoods that are a 20 minute commute to Midtown Manhattan.
01.
The MetroNorth train will cut the current 60 minute commute to Manhattan to 20
02.
Condos 60 MINUTES from midtown Manhattan sell for $250k whereas condos 20 minutes from Manhattan sell for $750k