1462 Southern Boulevard

Highlights:

• BRAND NEW CONSTRUCTION MULTI-FAMILY PROPERTY: A newly constructed multifamily asset featuring modern construction, contemporary finishes, and minimal near-term capital expenditure requirements. The property offers investors the opportunity to acquire a turnkey residential investment in one of the Bronx’s fastest-evolving neighborhoods, benefiting from strong rental demand and continued public and private investment.
• STRONG IN-PLACE INCOME: The asset generates stable, in-place cash flow from a quality residential tenant base, providing immediate income with the potential for long-term appreciation. Strong housing fundamentals and limited new supply within the surrounding area continue to support durable occupancy and rental growth.
• IMMEDIATE ACCESS TO THE 2 & 5 TRAINS: Located just moments from the Freeman Street and Simpson Street subway stations, the property offers direct access to the 2 and 5 subway lines, providing convenient connectivity to Manhattan, Downtown Brooklyn, and the greater Bronx. Multiple bus routes and nearby major thoroughfares further enhance accessibility.
• LOCATED ALONG PRIME RETAIL OF SOUTHERN BOULEVARD: Positioned on one of the Bronx’s primary commercial corridors, the property benefits from immediate proximity to Southern Boulevard’s vibrant mix of neighborhood retailers, national chains, restaurants, grocery stores, healthcare providers, and everyday services. This established retail corridor serves a dense residential population and generates consistent pedestrian activity throughout the day.
• STEPS TO CROTONA PARK & STARLIGHT PARK: Residents enjoy easy access to two of the Bronx’s premier recreational destinations. Crotona Park offers over 125 acres of green space, sports facilities, walking paths, and a public swimming complex, while nearby Starlight Park features waterfront trails along the Bronx River, playgrounds, bike paths, and open recreational areas. Combined with the neighborhood’s growing investment and excellent transportation infrastructure, the location offers an exceptional balance of urban convenience and outdoor amenities.

Description:

Kassin Sabbagh Realty (KSR) is pleased to present 1462 Southern Boulevard, a well-positioned multifamily property located along one of the Bronx’s most prominent commercial corridors in the heart of Crotona Park East. Situated directly on Southern Boulevard and just moments from Crotona Park, Starlight Park, and the 2 & 5 subway lines, the property benefits from outstanding accessibility, a dense surrounding residential population, and consistent neighborhood retail activity.

The offering presents investors with the opportunity to acquire a strategically located asset in a dynamic Bronx submarket experiencing continued residential development and public investment. Surrounded by a diverse mix of national retailers, neighborhood businesses, schools, healthcare providers, and public transportation, 1462 Southern Boulevard is well positioned to capitalize on the area’s strong housing demand, expanding commercial corridor, and long-term growth fundamentals..

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