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Fteley Avenue Portfolio 3 Multifamily Properties Offered at $4,000,000 in Bronx, NY
Investment Highlights
- The subject deal offers three (3) contiguous four (4) unit buildings that are in the Soundview Section of the Bronx
- There is currently a total of three units vacant across the portfolio allowing upside in the rent roll from day one
- The building is within walking distance of the Morrison Ave - Subway Station (6)
- Each building is made up of 4 apartments giving a total of 12 free market units across the three buildings
- 20 ft wide and 80 feet deep, giving a total of 3,200 square feet
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 1121-1127 Fteley Avenue Bronx, NY 10472. The subject deal offers three (3) contiguous four (4) unit buildings that are in the Soundview Section of the Bronx.
Each building is made up of 4 apartments giving a total of 12 free market units across the three buildings. Each building is broken down into four 3-bedroom apartments. There is currently a total of three units vacant across the portfolio allowing upside in the rent roll from day one.
Built in 1928, each property is 20 feet wide and 80 feet deep, giving a total of 3,200 square feet.
The buildings are within walking distance of the Morrison Ave- Subway Station (6).
Each building is made up of 4 apartments giving a total of 12 free market units across the three buildings. Each building is broken down into four 3-bedroom apartments. There is currently a total of three units vacant across the portfolio allowing upside in the rent roll from day one.
Built in 1928, each property is 20 feet wide and 80 feet deep, giving a total of 3,200 square feet.
The buildings are within walking distance of the Morrison Ave- Subway Station (6).
Property Facts
| Price | $4,000,000 | Number of Properties | 3 |
| Price / SF | $416.67 / SF | Individually For Sale | 0 |
| Cap Rate | 8.13% | Total Building Size | 9,600 SF |
| Sale Type | Investment | Total Land Area | 0.18 AC |
| Status | Active |
| Price | $4,000,000 |
| Price / SF | $416.67 / SF |
| Cap Rate | 8.13% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 9,600 SF |
| Total Land Area | 0.18 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1123 Fteley Ave, Bronx, NY 10472 | Multifamily | 3,200 SF | 1928 | - |
| 1121 Fteley Ave, Bronx, NY 10472 | Multifamily | 3,200 SF | 1928 | - |
| 1127 Fteley Ave, Bronx, NY 10472 | Multifamily | 3,200 SF | 1928 | - |
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