Corner Mixed-Use Building 20 Apartments & 5 Commercial
$4,450,000
710 East 138th Street, New York, NY 10454
For Sale
Mixed Use
Active
Last Updated: 07/22/2026
9.5
Cap Rate
18,640 sqft
Building Size
Details:
Cap Rate: 9.5%
Building Size: 18,640 sqft
Units: 25
Year Built: 1910
Price Per Sqft: $239
Zoning: R6, C1-4
Highlights:
- Mixed-Use Corner Asset in Prime Mott Haven: 20 residential units + 5 commercial retail spaces offering scale and stability in the South Bronx’s premier submarket.
- Comprehensive 2003 Modernization: Updated mechanical systems, common areas, and units, reducing immediate capital expenditure requirements.
- Immediate Revenue Upside: Mark-to-market commercial upside across the 5 retail spaces to capture rising neighborhood rents, paired with near-term residential income growth through the realization of legal regulated rents over current preferential rates.
- Mott Haven Growth Corridor: Positioned within an appreciating submarket driven by institutional investment and rising neighborhood density.
- Exceptional Transit Access: Located 0.0 miles from the Brook Ave 6 Train, under 0.7 miles from the 4, 5, and 2 lines, with the Bx33 bus at the front door.
Documents:
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Location
Gallery
