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EXECUTIVE SUMMARY
Kassin Sabbagh Realty (KSR) is representing the sale of 6 multi-family buildings located at 987-989 Ogden Avenue and 931-937 Summit Ave in the Highbridge section of the Bronx.
Located just minutes from Yankee Stadium and the Harlem River waterfront, the area offers convenient access to Manhattan while maintaining its own distinct character. The 4, B, and D subway lines, along with nearby access to the Major Deegan Expressway and Harlem River Drive, make the location highly accessible to greater NYC. With a unique mix of heritage and opportunity, 987-989 Ogden Avenue is ideally situated for a wide range of development possibilities in one of the Bronx’s most active submarkets.
931-937 Summit Avenue, a prime real estate opportunity in the High Bridge section of the Bronx. Built in 2015, this multifamily property consists of 32 units. The building spans a total of 21,200 SF, with an equal lot size of 21,200 SF. The unit mix includes one studio, five 1-bedroom apartments, and two 2-bedroom units. The property is ideally situated within walking distance to Yankee Stadium, Macombs Dam Park, and Lincoln Medical Center. Nearby public transportation includes the 4 Train at 161st Street /Yankee Stadium and the B, D, A, and C Trains at 155th Street, providing easy access to the rest of the city.
**Please call for pricing options
Located just minutes from Yankee Stadium and the Harlem River waterfront, the area offers convenient access to Manhattan while maintaining its own distinct character. The 4, B, and D subway lines, along with nearby access to the Major Deegan Expressway and Harlem River Drive, make the location highly accessible to greater NYC. With a unique mix of heritage and opportunity, 987-989 Ogden Avenue is ideally situated for a wide range of development possibilities in one of the Bronx’s most active submarkets.
931-937 Summit Avenue, a prime real estate opportunity in the High Bridge section of the Bronx. Built in 2015, this multifamily property consists of 32 units. The building spans a total of 21,200 SF, with an equal lot size of 21,200 SF. The unit mix includes one studio, five 1-bedroom apartments, and two 2-bedroom units. The property is ideally situated within walking distance to Yankee Stadium, Macombs Dam Park, and Lincoln Medical Center. Nearby public transportation includes the 4 Train at 161st Street /Yankee Stadium and the B, D, A, and C Trains at 155th Street, providing easy access to the rest of the city.
**Please call for pricing options
PROPERTY FACTS
| Price | $7,757,342 | Number of Properties | 2 |
| Price / SF | $191.98 / SF | Individually For Sale | 0 |
| Cap Rate | 12% | Total Building Size | 40,407 SF |
| Sale Type | Investment | Total Land Area | 0.37 AC |
| Status | Active |
| Price | $7,757,342 |
| Price / SF | $191.98 / SF |
| Cap Rate | 12% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 40,407 SF |
| Total Land Area | 0.37 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 931-939 Summit Ave, Bronx, NY 10452 | Multifamily | 21,424 SF | 2014 | - |
| 987-989 Ogden Ave, Bronx, NY 10452 | Multifamily | 18,983 SF | 2018 | - |
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Ogden & Summit
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