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

$4,000,000

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

Active
Last Updated: 07/10/2025

6.87

Cap Rate

28,000 sqft

Building Size

Details:
Cap Rate:    6.87%
Building Size:    28,000 sqft
Lot Area:    7,000 sqft
Units:    40
Price Per Sqft:    $143
Price Per Unit:    $100,000
Floors:    5
Highlights:
  • 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
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