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Executive Summary
The Bronx "Little Italy"
2406 Lorillard Place is located in Belmont, widely recognized as the "Real Little Italy" of the Bronx. The area is a thriving cultural and educational hub anchored by Fordham University and St. Barnabas Hospital, which provide a massive daytime population and robust tenant demand. Just steps away, the Arthur Avenue commercial corridor offers a premier mix of renowned restaurants, cafes, and shops. The neighborhood benefits from exceptional connectivity, with the Fordham Road Metro-North station and multiple subway lines providing fast, direct access to Manhattan.
Prime Location
Belmont is witnessing unprecedented growth fueled by a robust development pipeline. Significant local investments include a $77.7 million mixed-use project across from Fordham University and the transformative Fordham Landing South initiative, which will deliver 900 new homes and a grocery store. The property is highly accessible, benefiting from the Bx12 Select Bus Service and proximity to the Cross Bronx Expressway. With world-class amenities like the Bronx Zoo and New York Botanical Garden nearby, 2406 Lorillard Place is perfectly positioned to capitalize on the area's continued expansion and strong renter demand.
2406 Lorillard Place is located in Belmont, widely recognized as the "Real Little Italy" of the Bronx. The area is a thriving cultural and educational hub anchored by Fordham University and St. Barnabas Hospital, which provide a massive daytime population and robust tenant demand. Just steps away, the Arthur Avenue commercial corridor offers a premier mix of renowned restaurants, cafes, and shops. The neighborhood benefits from exceptional connectivity, with the Fordham Road Metro-North station and multiple subway lines providing fast, direct access to Manhattan.
Prime Location
Belmont is witnessing unprecedented growth fueled by a robust development pipeline. Significant local investments include a $77.7 million mixed-use project across from Fordham University and the transformative Fordham Landing South initiative, which will deliver 900 new homes and a grocery store. The property is highly accessible, benefiting from the Bx12 Select Bus Service and proximity to the Cross Bronx Expressway. With world-class amenities like the Bronx Zoo and New York Botanical Garden nearby, 2406 Lorillard Place is perfectly positioned to capitalize on the area's continued expansion and strong renter demand.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 26 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 19,200 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1911 |
| Zoning | R6, Bronx, (C1) - R6 is a medium-density Residential Zoning District in New York City. You can find R6 Zoning Districts in Manhattan, The Bronx, Brooklyn, Queens, and Staten Island. | ||
| Sale Type | Investment |
| No. Units | 26 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 19,200 SF |
| No. Stories | 5 |
| Year Built | 1911 |
| Zoning | R6, Bronx, (C1) - R6 is a medium-density Residential Zoning District in New York City. You can find R6 Zoning Districts in Manhattan, The Bronx, Brooklyn, Queens, and Staten Island. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 650 |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 03056-0001 | Improvements Assessment | $575,550 |
| Land Assessment | $49,050 | Total Assessment | $624,600 |
Property Taxes
Parcel Number
03056-0001
Land Assessment
$49,050
Improvements Assessment
$575,550
Total Assessment
$624,600
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2406 Lorillard Pl
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