First Sale Ever✧ 4 Elevator Bldgs. 40s/50s Owner-Built ✧ Owner Managed ✧ 270-Unit Bronx Multifamily Portfolio

Description:

2869 Bainbridge Avenue, The Bronx - Team Lala of RM Friedland is pleased to present the opportunity to acquire this six-story brick elevator building in the Bedford Park neighborhood of The Bronx.

Built in 1955, the property contains approximately 74,500 gross square feet on a 21,700-square-foot parcel. It comprises 73 residential units, including 18 one-bedroom apartments, 54 two-bedroom apartments and one superintendent’s unit.

Steel-and-glass entrance doors with an attractive awning open into a marble-walled entryway and spacious lobby.

The building features two elevators, a Hercules-managed laundry room with six washers and five dryers, a garbage compactor and a driveway leading to a 16-car indoor garage.

The ground-floor boiler room contains a dual-fuel boiler installed in 2013 and a 5,000-gallon aboveground tank with a reported working capacity of 4,500 gallons. The tank uses #2 oil and is housed within an encasement equipped with weep holes. Gas and electric meters are housed in a dedicated room off the laundry facility, while the apartments retain fuse panels. Additionally, there are elevator equipment rooms located on the roof.

Residents benefit from convenient access to the B and D subway lines at Bedford Park Boulevard and Metro-North service at the Botanical Garden station. The surrounding area offers shopping and dining along Bedford Park Boulevard and East 204th Street, together with nearby destinations including Poe Park, Lehman College, the New York Botanical Garden and Montefiore Einstein’s Moses Campus.


2771 Bainbridge Avenue, The Bronx - Team Lala of RM Friedland is pleased to present the opportunity to acquire this six-story, semi-fireproof brick elevator building in the Bedford Park neighborhood of The Bronx.

Built in 1949, the property contains approximately 73,500 gross square feet on a 17,500-square-foot parcel. It comprises 60 residential units, including five studios, 42 one-bedroom apartments, 12 two-bedroom apartments and one superintendent’s unit.

Steel-and-glass entrance doors open into a welcoming lobby featuring a decorative fireplace and terrazzo flooring.

The building also includes an intercom system, steel staircases and a Hercules-managed laundry room with three washers and three dryers.

The ground-floor boiler room contains a boiler installed in 1992 that has been maintained over the years. A 5,000-gallon above-ground tank, supported on saddles, has a working capacity of 4,500 gallons and stores #2 oil.

Gas and electric meters are housed in dedicated rooms on the ground floor and the elevator equipment room is located at roof level.

Residents benefit from convenient access to the B and D subway lines at Bedford Park Boulevard and Kingsbridge Road. The surrounding neighborhood offers shopping and dining along Bedford Park Boulevard, East 204th Street and the Grand Concourse, together with access to Poe Park, Lehman College, the New York Botanical Garden and Montefiore Einstein’s Moses Campus.


2050 Anthony Avenue, The Bronx - Team Lala of RM Friedland is pleased to present the opportunity to acquire this six-story, semi-fireproof brick elevator building in the Fordham neighborhood of The Bronx.

Built in 1942, the property contains approximately 59,230 gross square feet on a 14,610-square-foot parcel. It comprises 60 residential units, including one studio, 28 one-bedroom apartments, 30 two-bedroom apartments and one superintendent’s unit.

Steel-and-glass entrance doors open to marble stairs leading into an expansive lobby. The building also features terrazzo flooring in common areas, an intercom system, steel staircases, a Hercules-managed laundry room with three washers and two dryers, and a garbage compactor.

The boiler is housed in a dedicated ground-floor room. A separate tank room contains a 5,000-gallon aboveground tank supported on saddles, with a working capacity of 4,500 gallons of #2 oil.

Gas and electric meters are housed in dedicated rooms throughout the ground floor. Breakers are located with the basement, while the apartments contain fuse panels. Some pointing has been completed at roof level and the elevator equipment room is also located on the roof.

Residents benefit from convenient access to the B and D subway lines at the 182nd-183rd Streets station. The surrounding neighborhood provides shopping and dining along East Burnside Avenue and the Grand Concourse, together with nearby recreational and institutional destinations including Richman (Echo) Park, Bronx Community College and Fordham University’s Rose Hill campus.


990 Anderson Avenue, The Bronx - Presenting this six-story, semi-fireproof brick elevator building in the Highbridge neighborhood of The Bronx.

Built in 1957, the property contains approximately 70,994 gross square feet on a 20,645-square-foot parcel. It comprises 77 residential units, including 38 one-bedroom apartments, 38 two-bedroom apartments and one superintendent’s unit.

Steel-and-glass entrance doors with an attractive awning open into a large, spacious lobby. The building features an intercom system and two elevators. The south elevator has undergone extensive rehabilitation, while the second elevator is currently undergoing $25,000 in repair work.

A driveway leads to the rear of the property, where there are three outdoor parking spaces and eight individual garages. One of the garages provides access to the tank room, which contains a 5,000-gallon above-ground tank supported on saddles, with a working capacity of 4,500 gallons of #2 oil.

The ground-floor boiler room contains a boiler that has been well-maintained over the years. Gas and electric meters are housed in dedicated ground-floor rooms, with breakers located in the electric meter room and fuse panels in the apartments.

Additional features include a Hercules-managed laundry room with five washers and four dryers, as well as garbage compactors serving both the north and south sides of the building. The elevator equipment rooms are located on the roof, where portions of the masonry have been repointed.

Residents benefit from convenient access to the B, D and 4 subway lines at the 161st Street-Yankee Stadium station. The surrounding area offers shopping and dining along East 161st Street and River Avenue, together with nearby destinations including Yankee Stadium, Bronx Terminal Market, Concourse Plaza, Joyce Kilmer Park, Mill Pond Park and the High Bridge connecting The Bronx with Manhattan.

Documents: