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225-235 5th Ave
Pelham, NY 10803
Lincoln Ave Apartments · Multifamily Property For Sale · 35 Units

Property Facts

No. Units 35
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.22 AC
Building Size 32,499 SF
No. Stories 4
Year Built 1988
Zoning RB2

About 225-235 5TH AVE , PELHAM, NY 10803

Redwood Realty Advisors is proud to present a mixed-use investment opportunity located in Pelham, NY. The offering consists of two mixed-use buildings and one parking lot totaling in forty-four (44) units. The first building, 84-88 Lincoln Ave, sits on the southwest corner of Lincoln Ave and Fifth Ave. This building includes four (4) two bedroom / one bathroom apartments, twenty-four (24) one bedroom / one bathroom apartments and seven (7) retail spaces. The second building & parking lot, 226 Fifth Ave, sits on the southeast corner of Lincoln Ave and Fifth Ave. This building includes four (4) two bedroom / one bathroom apartments, one (1) one bedroom / one bathroom apartments and four (4) retail spaces. The parking lot is located adjacent to the second building; to the south along Fifth Avenue. The recently re-zoned downtown area of Pelham is the focus of many new development projects – some completed and others underway. The mixed-use property and the parking lot on Fifth Ave. allows for a potential development opportunity with frontage along two main thoroughfares. This is a tremendous opportunity to acquire investment properties located in the heart of Pelham.

Property Taxes

Property Taxes

Parcel Number
4403-163-028-00002-000-0080
Land Assessment
$309,000
Improvements Assessment
$2,807,000
Total Assessment
$3,116,000
  • Listing ID: 16494865

  • Date on Market: 7/1/2019

  • Last Updated:

  • Address: 225-235 5th Ave, Pelham, NY 10803

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