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1699 Topping Ave
Bronx, NY 10457
1699 Topping Ave · Multifamily Property For Sale
·
23 Units
EXECUTIVE SUMMARY
Exceptional Section 8 Multifamily Investment Opportunity
Discover a strong, income-producing asset in the Bronx with 1699 Topping Avenue, a well-maintained multifamily property backed by stable Section 8 tenancy. This building offers reliable, government-guaranteed rental income, making it a secure and predictable investment in today’s market. With consistent cash flow, solid tenant base, and a prime Bronx location, this property is an ideal choice for investors seeking long-term stability and growth potential.
Discover a strong, income-producing asset in the Bronx with 1699 Topping Avenue, a well-maintained multifamily property backed by stable Section 8 tenancy. This building offers reliable, government-guaranteed rental income, making it a secure and predictable investment in today’s market. With consistent cash flow, solid tenant base, and a prime Bronx location, this property is an ideal choice for investors seeking long-term stability and growth potential.
PROPERTY FACTS
| Price Per Unit | $391,304 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.60% | Lot Size | 0.11 AC |
| No. Units | 23 | Building Size | 17,730 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2022 |
| Zoning | R7-1 | ||
| Price Per Unit | $391,304 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 17,730 SF |
| No. Stories | 7 |
| Year Built | 2022 |
| Zoning | R7-1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 23 | - | 780 |
PROPERTY TAXES
| Parcel Number | 02791-0050 | Improvements Assessment | $1,347,426 |
| Land Assessment | $99,324 | Total Assessment | $1,446,750 |
PROPERTY TAXES
Parcel Number
02791-0050
Land Assessment
$99,324
Improvements Assessment
$1,347,426
Total Assessment
$1,446,750
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