Log In/Sign Up
Your email has been sent.
1462 Southern Blvd
Bronx, NY 10460
Multifamily Property For Sale
·
10 Units
Executive Summary
Kassin Sabbagh Realty (KSR) is pleased to present 1462 Southern Boulevard, a well-positioned multifamily property located along one of the Bronx’s most prominent commercial corridors in the heart of Crotona Park East. Situated directly on Southern Boulevard and just moments from Crotona Park, Starlight Park, and the 2 & 5 subway lines, the property benefits from outstanding accessibility, a dense surrounding residential population, and consistent neighborhood retail activity.
The offering presents investors with the opportunity to acquire a strategically located asset in a dynamic Bronx submarket experiencing continued residential development and public investment. Surrounded by a diverse mix of national retailers, neighborhood businesses, schools, healthcare providers, and public transportation, 1462 Southern Boulevard is well positioned to capitalize on the area’s strong housing demand, expanding commercial corridor, and long-term growth fundamentals.
The offering presents investors with the opportunity to acquire a strategically located asset in a dynamic Bronx submarket experiencing continued residential development and public investment. Surrounded by a diverse mix of national retailers, neighborhood businesses, schools, healthcare providers, and public transportation, 1462 Southern Boulevard is well positioned to capitalize on the area’s strong housing demand, expanding commercial corridor, and long-term growth fundamentals.
Property Facts
| Price Per Unit | $500,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.18% | Building Size | 8,789 SF |
| No. Units | 10 | No. Stories | 7 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R7-1 | ||
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| Cap Rate | 5.18% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 8,789 SF |
| No. Stories | 7 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | 1,050 |
Property Taxes
| Parcel Number | 02981-0002 | Improvements Assessment | $636,300 |
| Land Assessment | $69,300 | Total Assessment | $705,600 |
Property Taxes
Parcel Number
02981-0002
Land Assessment
$69,300
Improvements Assessment
$636,300
Total Assessment
$705,600
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
