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Five Multifamily & Mixed-Use Buildings Containing 194 Units Located in the Bronx

$17,375,000

2001 Grand Concourse, New York, NY 10453

Active
Last Updated: 07/10/2025

6.9

Cap Rate

170,770 sqft

Building Size

Details:
Cap Rate:    6.9%
Building Size:    170,770 sqft
Lot Area:    41,547 sqft
Units:    194
Price Per Sqft:    $102
Price Per Unit:    $89,562
Highlights:
  • Package of four (4) multifamily walk-ups and one (1) mixed-use walk-up located in the Bronx which can be sold together or separately
  • Consists of 189 multifamily units, 5 commercial units and spans a total of 170,770 gross square feet
  • Unit breakdown is comprised of seven (7) studio apartments, eighty-four (84) 1-bedroom apartments, seventy-three (73) 2-bedroom apartments, nineteen (19) 3-bedroom apartments, five (5) 4-bedroom apartments, one (1) 5-bedroom apartment, and five (5) commercial units
  • Transportation is in abundance surrounding all five buildings as the properties are located in close proximity to the bus lines & 4/6/B/D subway lines
  • Abundance of national/local commercial tenants are accessible for residents on E Tremont Avenue, E Burnside Avenue, & Grand Concourse
  • Several of the assets are in close proximity to supermarkets, local eateries, schools & medical institutions
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