Two 8 Unit New Construction Buildings in Williamsbridge

3029 and 3031 Bronxwood Avenue, Bronx, NY

$6,495,000

Price

10,320 sqft

Building Size

0.0867 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
10,320 sqft
Lot Area
0.0867 acres
Units
16
Year Built
2023
Floors
4
Description

EXIT Realty Private Client is pleased to present the following investment opportunity in the Bronx, NY.

The offering consists of two contiguous 4 story, new construction walk up buildings on Bronxwood Avenue., the properties combine for 10,320 square feet with 16 total units, 10 one bedroom units and 6 studio units. Each unit has electric individual heat and hot water systems.

Subject property is located on Bronxwood Avenue between Burke Avenue and Adee Avenue.

Highlights
  • New Construction Built in 2023; Property Benefits from a 25 year 421a Tax Abatement
  • High Average Rents on workbook
  • Low Maintenance Building; Tenants are Responsible for all Heating and Hot Water
  • Near Transportation
Location
Gallery