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1520 Bruckner Blvd & 1780 Lafayette Ave 2 Multifamily Properties Offered at $2,800,000 in Bronx, NY
EXECUTIVE SUMMARY
Investment Property Realty Group (IPRG) has been exclusively retained to sell 1520 Bruckner Blvd & 1780 Lafayette Avenue. The subject deal is two new construction 4-story apartment buildings.
1520 Bruckner Blvd is on the corner of Bruckner Blvd & Elder Avenue located in the Soundview Section of the Bronx. 1780 Lafayette Ave is on the corner of Lafayette & St Lawrence Avenue in the Clason Point section of the Bronx. Each property contains 8 apartments, offering a total of 16 apartments. 1520 Bruckner Blvd building has 421-A tax abatement that expires in 2029 & 1780 Lafayette Ave has a 421-A tax abatement that expires in 2032.
1780 Lafayette Avenue is nearby the St Lawrence subway Station (6 train). 1520 Bruckner Blvd is nearby the Elder Avenue subway
station (6 train).
1520 Bruckner Blvd is on the corner of Bruckner Blvd & Elder Avenue located in the Soundview Section of the Bronx. 1780 Lafayette Ave is on the corner of Lafayette & St Lawrence Avenue in the Clason Point section of the Bronx. Each property contains 8 apartments, offering a total of 16 apartments. 1520 Bruckner Blvd building has 421-A tax abatement that expires in 2029 & 1780 Lafayette Ave has a 421-A tax abatement that expires in 2032.
1780 Lafayette Avenue is nearby the St Lawrence subway Station (6 train). 1520 Bruckner Blvd is nearby the Elder Avenue subway
station (6 train).
PROPERTY FACTS
| Price | $2,800,000 | Number of Properties | 2 |
| Price / SF | $227.20 / SF | Individually For Sale | 0 |
| Cap Rate | 6.79% | Total Building Size | 12,324 SF |
| Sale Type | Investment | Total Land Area | 0.09 AC |
| Status | Active |
| Price | $2,800,000 |
| Price / SF | $227.20 / SF |
| Cap Rate | 6.79% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 12,324 SF |
| Total Land Area | 0.09 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1780 Lafayette Ave, Bronx, NY 10473 | Multifamily | 6,924 SF | 2004 | - |
| 1520 Bruckner Blvd, Bronx, NY 10473 | Multifamily | 5,400 SF | 2002 | - |
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1520 Bruckner Blvd & 1780 Lafayette Ave
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