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1592 University Ave
Bronx, NY 10453
Multifamily Property For Sale
·
32 Units
Investment Highlights
- Located on the East side of University Avenue off the corner of Featherbed Lane
- Abundance of national/local commercial tenants are accessible for residents on E Tremont Avenue, 170th Street, & Jerome Avenue
- In close proximity to supermarkets, local eateries, schools & medical institutions
- Transportation is in abundance surrounding the buildings as the properties are located in close proximity 4/B/D subway lines & the Bx3/
Property Facts
| Price Per Unit | $109,375 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.69% | Lot Size | 0.67 AC |
| Gross Rent Multiplier | 3.67 | Building Size | 32,000 SF |
| No. Units | 32 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements | ||
| Price Per Unit | $109,375 |
| Sale Type | Investment |
| Cap Rate | 9.69% |
| Gross Rent Multiplier | 3.67 |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 32,000 SF |
| No. Stories | 5 |
| Year Built | 1922 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 32 | - | - |
Property Taxes
| Parcel Number | 02876-0065 | Improvements Assessment | $611,460 |
| Land Assessment | $30,150 | Total Assessment | $641,610 |
Property Taxes
Parcel Number
02876-0065
Land Assessment
$30,150
Improvements Assessment
$611,460
Total Assessment
$641,610
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