Log In/Sign Up
Your email has been sent.
395 E 151st St 32 Unit Apartment Building $4,150,000 ($129,688/Unit) 10.77% Cap Rate Bronx, NY 10455
Investment Highlights
- Elevator access to all floors
- Situated in the Melrose neighborhood, Bronx
- On-site maintenance and management by Stellar Management
- Nearby amenities include parks, playgrounds, eateries, and stores along Courtlandt and Brook Avenues.
Executive Summary
A (6) story elevator apartment building consisting of 32 apartments (excluding super’s basement unit) and 6 commercial spaces.
Property Facts
| Price | $4,150,000 | Building Class | B |
| Price Per Unit | $129,688 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 36,360 SF |
| Cap Rate | 10.77% | Average Occupancy | 91% |
| No. Units | 32 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium-density residential district for multi-family buildings | ||
| Price | $4,150,000 |
| Price Per Unit | $129,688 |
| Sale Type | Investment |
| Cap Rate | 10.77% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 36,360 SF |
| Average Occupancy | 91% |
| No. Stories | 6 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium-density residential district for multi-family buildings |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Stainless Steel Appliances
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Maintenance on site
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | 543 |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (73)
Property Taxes
| Parcel Number | 02398-0027 | Improvements Assessment | $1,074,150 |
| Land Assessment | $30,150 | Total Assessment | $1,104,300 |
Property Taxes
Parcel Number
02398-0027
Land Assessment
$30,150
Improvements Assessment
$1,074,150
Total Assessment
$1,104,300
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
395 E 151st St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.