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3207 Hull Ave
Bronx, NY 10467
Multifamily Property For Sale
·
22 Units


Investment Highlights
- This meticulously maintained asset is composed of 1 one-bedroom, 12 twobedroom, and 9 three-bedroom apartments. The building spans 22,000 square feet.
- 7.3% Cap Rate | $100,000 Per Unit | $100 Per Square Foot
- Steps from Williamsbridge Oval, Montefiore Hospital, the Norwood D train, Williamsbridge Station, and the New York Botanical Garden.
Executive Summary
The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity in Norwood, one of the most sought-after submarkets in the Bronx. 3207 Hull Avenue is a 22-unit walk-up building located between East 205th and East 207th Streets, just off Bainbridge Avenue.
This meticulously maintained property has been professionally managed and operated by the same family for over 45 years.
3207 Hull Avenue is steps away from the Williamsbridge Oval Recreation Center, Montefiore Hospital, the Norwood D train, the Williamsbridge MTA station, and the New York Botanical Garden.
This meticulously maintained property has been professionally managed and operated by the same family for over 45 years.
3207 Hull Avenue is steps away from the Williamsbridge Oval Recreation Center, Montefiore Hospital, the Norwood D train, the Williamsbridge MTA station, and the New York Botanical Garden.
Property Facts
| Price Per Unit | $100,000 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.30% | Lot Size | 0.11 AC |
| Gross Rent Multiplier | 5.9 | Building Size | 22,000 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1915 |
| Zoning | R7B - Residential | ||
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| Gross Rent Multiplier | 5.9 |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 22,000 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1915 |
| Zoning | R7B - Residential |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 12 | - | - |
| 3+1 | 9 | - | - |
Property Taxes
| Parcel Number | 03346-0031 | Improvements Assessment | $417,150 |
| Land Assessment | $29,700 | Total Assessment | $446,850 |
Property Taxes
Parcel Number
03346-0031
Land Assessment
$29,700
Improvements Assessment
$417,150
Total Assessment
$446,850
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