40 Unit Corner Mixed-Use Building Package in Little Italy, Belmont

$3,750,000

724-728 East 187th Street, Bronx, NY 10458

For Sale

Mixed Use Unknown Sub Type

Active

Last Updated: 09/18/2025

Cap Rate: 7.56%

Building Size: 28,000 sqft

Lot Area: 7,000 sqft

Units: 40

Price Per Sqft: $134

Price Per Unit: $93,750

Floors: 5

Located on the Southeast corner of 187th Street & Crotona Avenue
Unit breakdown is comprised of one (1) studio apartment, twenty-one (21) 1-bedroom apartments, eight (8) 2-bedroom apartments, five (5) 3-bedroom apartments, and five (5) commercial units
Within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District
Few blocks from the famous Arthur Avenue, offering immediate access to popular eateries in the heart of The Bronx’s Little Italy
Major retailers in the area include national brands Best Buy, Dollar Tree, Starbucks, and Chipotle
The building’s close proximity to Fordham University makes it a natural destination for the area’s many students seeking quality housing options
Midtown Manhattan & Westchester County can be reached within a 30 minute train ride from the Fordham Metro North Station

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