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680 E 140th St 38 Unit Apartment Building $2,300,000 ($60,526/Unit) Bronx, NY 10454
INVESTMENT HIGHLIGHTS
- Favorable Pricing in Terms of PPD and PPSQFT
- Many Long-Term Tenants
- Low Vacancy Rate
- Brand New Roof
EXECUTIVE SUMMARY
Houlihan Lawrence Commercial is pleased to exclusively present an opportunity to acquire a well maintained rent stabilized building located in the Mott Haven neighborhood of the Bronx, NY. The building consists of sixteen (16) two bedroom / one bathroom apartments, twenty-one (21) one bedroom / one bathroom apartments, and one (1) studio apartment. Many local amenities are within walking distance, and this area is serviced by the 6 train, two blocks away from the building. The roof was
completely redone at the end of 2024.
Please contact Thomas Gorman for more information: m:845.709.3222 | e:tgorman@Houlihanlawrence.com
completely redone at the end of 2024.
Please contact Thomas Gorman for more information: m:845.709.3222 | e:tgorman@Houlihanlawrence.com
PROPERTY FACTS
| Price | $2,300,000 | Building Class | C |
| Price Per Unit | $60,526 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 39,510 SF |
| No. Units | 38 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium density residential zoning district. | ||
| Price | $2,300,000 |
| Price Per Unit | $60,526 |
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 39,510 SF |
| No. Stories | 6 |
| Year Built | 1920 |
| Opportunity Zone |
Yes |
| Zoning | R6 - Medium density residential zoning district. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- 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 |
|---|---|---|---|
| 1+1 | 22 | - | 740 |
| 2+1 | 16 | - | 1,069 |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 02568-0009 | Improvements Assessment | $487,800 |
| Land Assessment | $67,950 | Total Assessment | $555,750 |
PROPERTY TAXES
Parcel Number
02568-0009
Land Assessment
$67,950
Improvements Assessment
$487,800
Total Assessment
$555,750
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680 E 140th St
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