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100 Unit Multifamily Portfolio 3 Multifamily Properties Offered at $6,600,000 in Bronx, NY
EXECUTIVE SUMMARY
3 Building, 100-unit portfolio in the Claremont Village neighborhood of the Bronx
Portfolio benefits from J-51 Tax Abatement expiring in 2027 and 2028
All 3 buildings are professionally managed and are within a block of each other offering a new owner a streamlined management process
In close proximity to major retail corridors on East 170th Street and Grand Concourse and surrounded by two major Bronx parks, Claremont Park and Grant Park
Portfolio also offers easy accessibility to transportation with Bx11, Bx32 and B/D subway stops.
Portfolio benefits from J-51 Tax Abatement expiring in 2027 and 2028
All 3 buildings are professionally managed and are within a block of each other offering a new owner a streamlined management process
In close proximity to major retail corridors on East 170th Street and Grand Concourse and surrounded by two major Bronx parks, Claremont Park and Grant Park
Portfolio also offers easy accessibility to transportation with Bx11, Bx32 and B/D subway stops.
PROPERTY FACTS
| Price | $6,600,000 | Number of Properties | 3 |
| Price / SF | $86.79 / SF | Individually For Sale | 0 |
| Cap Rate | 6.20% | Total Building Size | 76,050 SF |
| Sale Type | Investment | Total Land Area | 0.55 AC |
| Status | Active |
| Price | $6,600,000 |
| Price / SF | $86.79 / SF |
| Cap Rate | 6.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 76,050 SF |
| Total Land Area | 0.55 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1335 College Ave, Bronx, NY 10456 | Multifamily | 30,000 SF | 1924 | - |
| 1361 College Ave, Bronx, NY 10456 | Multifamily | 30,000 SF | 1924 | - |
| 1316 Morris Ave, Bronx, NY 10456 | Multifamily | 16,050 SF | 1916 | - |
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CONTACTS
-
Jason M. Gold -
Victor Sozio -
Jake Brody -
Gabriel Elyaszadeh -
Ariel Property Advisors
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100 Unit Multifamily Portfolio
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