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Manhattan and Bronx 4 Building Package 4 Multifamily Properties Offered at $11,020,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Four Multifamily Buildings in the Bronx and Manhattan.
- A number of units already renovated with stainless steel appliances and modern finishes.
- Portfolio is comprised of 66 Apartments and 4 Stores.
EXECUTIVE SUMMARY
Team Lala of RM Friedland is pleased to present this exclusive portfolio offering consisting of four multifamily and mixed-use buildings located across Harlem and the
Bronx. Together, the properties comprise sixty-six residential apartments and four ground-floor retail storefronts spanning approximately 58,000 gross square
feet, representing a diversified and income-producing package in established New York City neighborhoods.
The buildings feature secure steel and glass entry doors, intercom systems, and cameras throughout, with common areas upgraded by LED lighting and durable staircases of
steel and marble. Roofs across the portfolio are silver-coated and in stable condition, while building systems include a mix of dual-fuel boilers, gas and electric meters in
basements, and above-ground oil tanks providing flexibility of service.
Apartments are generally well maintained, with a number of units already renovated with stainless steel appliances and modern finishes, alongside vacant apartments that are rent-ready and positioned for immediate leasing.
The package also includes four retail spaces, providing additional income streams that complement the residential tenancy.
With locations including City College, Belmont, Arthur Avenue, Fordham, and the Grand Concourse, each property benefits from proximity to major transportation, shopping
corridors, dining, parks, and healthcare facilities, ensuring continued demand and strong long-term fundamentals.
Bronx. Together, the properties comprise sixty-six residential apartments and four ground-floor retail storefronts spanning approximately 58,000 gross square
feet, representing a diversified and income-producing package in established New York City neighborhoods.
The buildings feature secure steel and glass entry doors, intercom systems, and cameras throughout, with common areas upgraded by LED lighting and durable staircases of
steel and marble. Roofs across the portfolio are silver-coated and in stable condition, while building systems include a mix of dual-fuel boilers, gas and electric meters in
basements, and above-ground oil tanks providing flexibility of service.
Apartments are generally well maintained, with a number of units already renovated with stainless steel appliances and modern finishes, alongside vacant apartments that are rent-ready and positioned for immediate leasing.
The package also includes four retail spaces, providing additional income streams that complement the residential tenancy.
With locations including City College, Belmont, Arthur Avenue, Fordham, and the Grand Concourse, each property benefits from proximity to major transportation, shopping
corridors, dining, parks, and healthcare facilities, ensuring continued demand and strong long-term fundamentals.
PROPERTY FACTS
| Price | $11,020,000 | Status | Active |
| Price / SF | $190.12 / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9.40% | Total Building Size | 57,962 SF |
| Sale Type | Investment | Total Land Area | 0.33 AC |
| Price | $11,020,000 |
| Price / SF | $190.12 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 9.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 57,962 SF |
| Total Land Area | 0.33 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Loumoore
2512 University Ave, Bronx, NY 10468 |
Multifamily | 22,170 SF | 1914 | - |
| 490 E 184th St, Bronx, NY 10458 | Multifamily | 15,375 SF | 1913 | - |
| 2657 Frederick Douglass Blvd, New York, NY 10030 | Multifamily | 11,258 SF | 1910 | - |
| 2655 Frederick Douglass Blvd, New York, NY 10030 | Multifamily | 9,159 SF | 1925 | - |
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Manhattan and Bronx 4 Building Package
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