Two-Building Multifamily Package With 92 Residential Units , Two Commercial Spaces, And Strong In-Place Rents

Description:

1665 Morris & 60 West 190th, The Bronx - Presenting a two-building multifamily package in the Bronx, featuring 1665 Morris Avenue and 60 West 190th Street. Together, these prewar properties comprise 92 residential units and two commercial spaces, offering a prime investment opportunity.

Both buildings benefit from their proximity to essential services and transit options. The properties are well-connected to the 4, B, and D subway lines, multiple bus routes, and major thoroughfares. Fordham Road offers a diverse mix of retail, grocery stores, pharmacies, and dining options within walking distance. Claremont Park, Devoe Park, and St. James Park provide convenient recreational spaces. Rental demand is driven by proximity to BronxCare Hospital and the VA Hospital on Kingsbridge Road, attracting professionals seeking convenient housing near their workplaces.

This well-maintained package presents a compelling investment opportunity with strong cash flow, recent capital improvements, and great locations. The area’s continued residential demand, fueled by its accessibility and strong employment centers, further enhances its long-term value. See individual building details and descriptions in this document.

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