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40 Unit Mixed-Use Elevator Building in Soundview

$4,250,000

1064 Manor Avenue, Bronx, NY 10472

Active
Last Updated: 06/02/2025

6.89

Cap Rate

292,828

NOI

Details:
Cap Rate:    6.89%
NOI:    $292,828
Building Size:    40,986 sqft
Lot Area:    10,000 sqft
Units:    40
Price Per Sqft:    $104
Price Per Unit:    $106,250
Zoning:    R6 / C1-2
Floors:    6
Highlights:
  • Located on the Southeast corner of Manor Avenue & Watson Avenue
  • Unit breakdown is comprised of 34 1-bedroom apartments, 4 2-bedrooms apartments, 1 3-bedroom apartments and one commercial unit
  • Abundance of national/local commercial tenants are accessible for residents on E Tremont Avenue, & Westchester Avenue
  • The asset is in close proximity to supermarkets, local eateries, & schools
  • Transportation options include local bus lines & 6 train at the Morrison Avenue- Soundview Station
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