Log In/Sign Up
Your email has been sent.
2378-2382 Bathgate Ave
Bronx, NY 10458
Multifamily Property For Sale
·
34 Units
Investment Highlights
- Well-Maintained Buildings | Offers stable performance and an attractive unit layout that consistently resonates with renters in the Belmont market.
- Belmont Location with Deep Tenant Demand | Located on the east side of Bathgate Avenue between E 185th St & E 187th St
- Strong Residential Neighborhood Fundamentals | Located in the Belmont section of the Bronx, an area supported by the well known Arthur Avenue
- Adjacent Belmont, Bronx Portfolio | Opportunity to acquire two neighboring multifamily buildings.
- Excellent Transit Access | 10-minute walk to the Fordham Rd train station and D train subway line , a key factor driving long-term tenant retention.
Executive Summary
Investment Opportunity: Two adjacent multifamily buildings located in the Belmont neighborhood of the Bronx, with excellent transit access and residential fundamentals for long term growth and upside potential.
Property Facts
| Price Per Unit | $95,588 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.82% | Lot Size | 0.16 AC |
| Gross Rent Multiplier | 6.3 | Building Size | 24,320 SF |
| No. Units | 34 | Average Occupancy | 97% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R6, Bronx, (C1) - R6 is a medium-density residential zoning district. | ||
| Price Per Unit | $95,588 |
| Sale Type | Investment |
| Cap Rate | 7.82% |
| Gross Rent Multiplier | 6.3 |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 24,320 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R6, Bronx, (C1) - R6 is a medium-density residential zoning district. |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Property Taxes
| Parcel Numbers | Improvements Assessment | $834,120 | |
| Land Assessment | $75,600 | Total Assessment | $909,720 |
Property Taxes
Parcel Numbers
Land Assessment
$75,600
Improvements Assessment
$834,120
Total Assessment
$909,720
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
