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3410 De Reimer Ave
Bronx, NY 10475
Mark Terrace Apartments · Multifamily Property For Sale
·
208 Units
Executive Summary
Meridian Investment Sales has been exclusively retained to sell a sponsor held package of 32 unsold units in the Mark Terrace Co-Op that are currently occupied by rent stabilized tenants. Upon unit turnover, the unit can be sold and/or rented at market value.
Built in 1965, Mark Terrace Owners’ Corp., is located at 3410 De Reimer Avenue in the Eastchester section of the Bronx. It is a 16-story doorman elevator cooperative building which is in immaculate condition. The 32 units are located within the 208-unit mid rise. The property is a short drive to Pelham Bay Park, Co-op City, New York Botanic Gardens, Jacobi Hospital, major highways as well as subway stop to NYC.
Built in 1965, Mark Terrace Owners’ Corp., is located at 3410 De Reimer Avenue in the Eastchester section of the Bronx. It is a 16-story doorman elevator cooperative building which is in immaculate condition. The 32 units are located within the 208-unit mid rise. The property is a short drive to Pelham Bay Park, Co-op City, New York Botanic Gardens, Jacobi Hospital, major highways as well as subway stop to NYC.
Property Facts
| Price Per Unit | $7,212 | Lot Size | 3.94 AC |
| Sale Type | Investment | Building Size | 256,000 SF |
| No. Units | 208 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 16 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Hi-Rise | Parking Ratio | 0.68/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R4 | ||
| Price Per Unit | $7,212 |
| Sale Type | Investment |
| No. Units | 208 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 3.94 AC |
| Building Size | 256,000 SF |
| Average Occupancy | 95% |
| No. Stories | 16 |
| Year Built | 1965 |
| Parking Ratio | 0.68/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Amenities
Unit Amenities
- Balcony
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 208 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $237,150,520 | |
| Land Assessment | $42,342,300 | Total Assessment | $279,492,820 |
Property Taxes
Parcel Numbers
Land Assessment
$42,342,300
Improvements Assessment
$237,150,520
Total Assessment
$279,492,820
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