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Morris Heights Bronx Multifamily For Sale 1684 Grand Ave 10 Unit Apartment Building $2,800,000 ($280,000/Unit) 8.74% Cap Rate Bronx, NY 10453

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Investment Highlights

Tax Class 2B
Additional 5,975 Buildable Air Rights

Strong In Place CAP Rate

Executive Summary

Safdie Realty Group has been exclusively retained to sell 1684 Grand Avenue. The subject property is located between West 176th Street & West 174th Street in Morris Heights, Bronx. The property offers ten apartments each consisting of Studio, 2 & 1 bathroom layouts. The property is located a short walk away from the 4 subway line.

1684 Grade Avenue

Property Facts

Price	$2,800,000	Building Class	C
Price Per Unit	$280,000	Lot Size	0.06 AC
Sale Type	Investment	Building Size	4,022 SF
Cap Rate	8.74%	Average Occupancy	70%
No. Units	10	No. Stories	4
Property Type	Multifamily	Year Built/Renovated	1930/2019
Property Subtype	Apartment Multifamily Apartments
Zoning	R7-1 - Medium-density apartment house district with lower parking requirements

Price	$2,800,000
Price Per Unit	$280,000
Sale Type	Investment
Cap Rate	8.74%
No. Units	10
Property Type	Multifamily
Property Subtype	Apartment Multifamily Apartments
Building Class	C
Lot Size	0.06 AC
Building Size	4,022 SF
Average Occupancy	70%
No. Stories	4
Year Built/Renovated	1930/2019
Zoning	R7-1 - Medium-density apartment house district with lower parking requirements

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Exceptionally walkable

100/100

Fairly drivable

40/100

Exceptional public transit

100/100

Moderately bikeable

70/100

Source: Local Logic^®

Property Taxes

Parcel Number	02867-0024	Improvements Assessment	$65,499
Land Assessment	$6,268	Total Assessment	$71,767

Property Taxes

Parcel Number

02867-0024

Land Assessment

$6,268

Improvements Assessment

$65,499

Total Assessment

$71,767

(516) 469-0773

Contact

Roni Yaghoobzar
Safdie Realty Group

Listing ID: 40299676
Date on Market: 4/26/2026
Last Updated:
Address: 1684 Grand Ave, Bronx, NY 10453

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Morris Heights Bronx Multifamily For Sale | 1684 Grand Ave

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