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454 & 458 East 144th Street 2 Multifamily Properties Offered at $3,450,000 in Bronx, NY
Investment Highlights
- Revitalized Neighborhood
- Durable Cash Flow
- Lower Cost of Living
Executive Summary
Built in 1931, 454 & 458 East 144th Street are two 4-story walkup apartment buildings that have 15,600 SF combined and includes 22 apartments and one commercial unit. Located between Willis Avenue and Brook Avenue, Mott Haven, a historic neighborhood in the South Bronx, is characterized by a mix of historic brownstones, tenement buildings, and low-rise apartments. The area has undergone significant revitalization, attracting new businesses, artists, and young professionals. 454 & 458 East 144th Street are conveniently located a few blocks south of The Hub at East 149th Street.
Property Facts
| Price | $3,450,000 | Number of Properties | 2 |
| Price / SF | $221.15 / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 15,600 SF |
| Sale Type | Investment | Total Land Area | 0.12 AC |
| Status | Active |
| Price | $3,450,000 |
| Price / SF | $221.15 / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,600 SF |
| Total Land Area | 0.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 458 E 144th St, Bronx, NY 10454 | Multifamily | 7,800 SF | 1931 | - |
| 454 E 144th St, Bronx, NY 10454 | Multifamily | 7,800 SF | 1931 | - |
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454 & 458 East 144th Street