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Portfolio of 3 multi-family assets 3 Multifamily Properties Offered at $1,350,000 in Bronx, NY
Investment Highlights
- Large family-sized layouts with a mix of two-, three-, and four-bedroom apartments, appealing to strong local rental demand.
- Convenient access to major transportation, including nearby subway service and Metro-North Melrose Station, plus proximity to retail, schools, and par
- All roofs replaced within the last five years, along with updated flashing and protective coating on portions of the upper façade.
- Individual boilers and hot water tanks for each building, with separate electric meters and updated electrical systems for tenant control.
Executive Summary
Presenting this multifamily assemblage located in The Bronx’s Concourse Village neighborhood. The offering consists of three adjacent four-story walkups comprising a total of 27 apartments across approximately 27,168 gross square feet on a combined 10,800-square-foot parcel.
Property Facts
| Price | $1,350,000 | Number of Properties | 3 |
| Price / SF | $42.85 / SF | Individually For Sale | 0 |
| Cap Rate | 23.50% | Total Building Size | 31,503 SF |
| Sale Type | Investment | Total Land Area | 0.25 AC |
| Status | Under Contract |
| Price | $1,350,000 |
| Price / SF | $42.85 / SF |
| Cap Rate | 23.50% |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 31,503 SF |
| Total Land Area | 0.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1064 Findlay Ave, Bronx, NY 10456 | Multifamily | 13,391 SF | 1931 | - |
| 1060 Findlay Ave, Bronx, NY 10456 | Multifamily | 9,056 SF | 1911 | - |
| 1056 Findlay Ave, Bronx, NY 10456 | Multifamily | 9,056 SF | 1911 | - |
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Portfolio of 3 multi-family assets
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