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2230 Tiebout Ave
Bronx, NY 10457
Multifamily Property For Sale
·
41 Units
INVESTMENT HIGHLIGHTS
- Six-story Art Deco-style corner building located in the Fordham section of the Bronx.
- A short walk from the Fordham Road corridor, near the B and D subway lines at Grand Concourse and the Metro-North Fordham station.
- Pre-war apartment building with spacious layouts.
EXECUTIVE SUMMARY
Team Lala of RM Friedland is pleased to present 2230 Tiebout Avenue, a six-story Art Deco-style corner building located in the Fordham section of the Bronx. Built in 1937 and encompassing approximately 37,260 square feet, this elevator-serviced property contains 41 residential apartments, all of which are rent-stabilized. The building sits on a 6,900 square foot corner lot in an R7-1 zone. This classic pre-war asset offers spacious layouts with an average apartment size of approximately 800 square feet. The unit mix includes a balance of studios, one-bedrooms, and two-bedrooms, with average monthly rents of $1,182 per unit or $374 per room—suggesting meaningful upside in a future post-HSTPA era.
Located just a short walk from the bustling Fordham Road corridor, the property is near the B and D subway lines at Grand Concourse, the Metro-North Fordham station, and major bus routes. Residents benefit from convenient access to Fordham University, St. Barnabas Hospital, Fordham Road retail, the Bronx Zoo, and multiple neighborhood parks. This is a rare opportunity to acquire a well-maintained, income-generating Art Deco building in a vibrant, high-demand Bronx neighborhood with demonstrated rental upside and strong long-term positioning.
Located just a short walk from the bustling Fordham Road corridor, the property is near the B and D subway lines at Grand Concourse, the Metro-North Fordham station, and major bus routes. Residents benefit from convenient access to Fordham University, St. Barnabas Hospital, Fordham Road retail, the Bronx Zoo, and multiple neighborhood parks. This is a rare opportunity to acquire a well-maintained, income-generating Art Deco building in a vibrant, high-demand Bronx neighborhood with demonstrated rental upside and strong long-term positioning.
PROPERTY FACTS
| Price Per Unit | $85,244 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 41 | Building Size | 37,260 SF |
| Property Type | Multifamily | No. Stories | 6 |
| Property Subtype | Apartment | Year Built | 1937 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R7-1 | ||
| Price Per Unit | $85,244 |
| Sale Type | Investment |
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 37,260 SF |
| No. Stories | 6 |
| Year Built | 1937 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Elevator
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 41 | - | - |
PROPERTY TAXES
| Parcel Number | 03143-0147 | Improvements Assessment | $515,700 |
| Land Assessment | $31,500 | Total Assessment | $547,200 |
PROPERTY TAXES
Parcel Number
03143-0147
Land Assessment
$31,500
Improvements Assessment
$515,700
Total Assessment
$547,200
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