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253 E Kingsbridge Rd
Bronx, NY 10458
Multifamily Property For Sale
·
11 Units
EXECUTIVE SUMMARY
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 253 East Kingsbridge Road, Bronx, NY. The Property is a five-story multifamily building located in the Fordham section of the Bronx. This well-positioned asset features large three-bedroom layouts and benefits from strong neighborhood demand, excellent transit access, and proximity to major institutional anchors. The property offers investors a stable, cash-flowing multifamily opportunity with long-term upside supported by favorable zoning and a highly resilient rental market.
PROPERTY FACTS
| Price Per Unit | $159,091 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 7.57% | Building Size | 18,048 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1913/2002 |
| Apartment Style | Mid-Rise | ||
| Zoning | R8 - Multifamily walk-up buildings, over six (6) families without stores | ||
| Price Per Unit | $159,091 |
| Sale Type | Investment |
| Cap Rate | 7.57% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 18,048 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1913/2002 |
| Zoning | R8 - Multifamily walk-up buildings, over six (6) families without stores |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+1 | 11 | - | - |
PROPERTY TAXES
| Parcel Number | 03293-0121 | Improvements Assessment | $562,590 |
| Land Assessment | $14,400 | Total Assessment | $576,990 |
PROPERTY TAXES
Parcel Number
03293-0121
Land Assessment
$14,400
Improvements Assessment
$562,590
Total Assessment
$576,990
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