REO | 76 Units Multifamily Property

Description:

Auction Information:
Bidding opens: Monday, November 2, 2026, at 12:00 PM
Bidding closes: Wednesday, November 4, 2026 at 12:00 PM
Starting Bid: $700,000

​Lender REO Sale
​5-story, multifamily walk-up complex in Fordham, Bronx
​76 residential units
​63,750 sq ft building on a 21,910 sq ft lot
​220 ft of frontage along Tiebout Avenue
​Situated near the Fordham Road shopping corridor, the largest retail strip in the Bronx
​Direct subway access at Fordham Road (B & D), with Metro-North service at Fordham Plaza
​Close to Fordham University's Rose Hill campus, St. Barnabas Hospital, and Montefiore facilities

Property tours are available by appointment only.​ Please contact the listing broker to schedule a tour.​
2120 Tiebout Ave, Bronx, NY 10457 presents a compelling value-add multifamily opportunity in the heart of Fordham.​ This 5-story walk-up apartment building contains 76 residential units across approximately 63,750 square feet and is situated on a 21,910-square-foot lot with 220 feet of frontage along Tiebout Avenue.​ Built in 1927 and zoned R7-1, the property is currently 84% occupied, offering investors immediate in-place cash flow with upside through lease-up and operational improvements.​ The asset benefits from its location near Fordham Road, one of the Bronx’s premier retail corridors, and offers direct subway access at Fordham Road (B & D) along with Metro-North service at Fordham Plaza.​ Surrounded by major demand drivers, the property is close to Fordham University’s Rose Hill campus, St.​ Barnabas Hospital, and Montefiore facilities.​ Offered as a Lender REO sale, this is a rare opportunity to acquire scale, strong frontage, and long-term potential in one of the Bronx’s most established multifamily neighborhoods.​
​Non-Contingent
​Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
​Marketing Fee: 3% of the Winning Bid Amount
​$10,000 Participation Deposit via Wire Deposit only
​Subject To Seller Approval