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915 Eagle Ave
Bronx, NY 10456
915 Eagle Ave · Multifamily Property For Sale
·
10 Units
Executive Summary
Rare opportunity to acquire a fully occupied, 10-unit rent-stabilized multifamily in the Woodstock neighborhood of the Bronx, built in 2018. The property benefits from a 35-year 421-a real estate tax abatement with 27 years remaining (expiring 2053), which transfers with the deed - providing the incoming owner with significantly suppressed carrying costs and a defensible NOI from day one. The 4-story, 6,762 SF building consists of a mix of studios, 1-bedrooms, and one 2BR/2BTH unit across 10 fully occupied rent-stabilized units. Ideally located near the 2/5 subway lines at Prospect Avenue, with multiple BX bus lines on the corridor. Two miles from Yankee Stadium and close to Hostos Community College. Walkable, transit-rich South Bronx submarket with continued investor demand. Ideal for a 1031 exchange buyer seeking stable, long-term cash flow with built-in tax protection.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,496 | - |
| 1+1 | 5 | $1,832 | - |
| 2+2 | 1 | $2,446 | - |
Property Taxes
| Parcel Number | 02620-0035 | Improvements Assessment | $555,112 |
| Land Assessment | $31,238 | Total Assessment | $586,350 |
Property Taxes
Parcel Number
02620-0035
Land Assessment
$31,238
Improvements Assessment
$555,112
Total Assessment
$586,350
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