New Construction 25-Unit Affordable Housing Multifamily Built in 2020
$600,000
1193 Fulton Avenue, Bronx, NY 10452
For Sale
Multifamily
Unknown Sub Type
Active
Last Updated: 10/20/2025
215,324
NOI
24,542 sqft
Building Size
Details:
NOI: $215,324
Building Size: 24,542 sqft
Lot Area: 8,472 sqft
Zoning: R6
Floors: 5
Highlights:
- 25-unit multifamily building built in 2020
- 24,542 gross square feet, containing 11 studios, seven (7) one-bedrooms, and seven (7) two-bedrooms
- Benefits from a 420C tax exemption expiring in 2077
- Approximately $2,607,054 of assumable financing at 4.03%
- HPD regulatory agreement with income and rent restrictions with AMI bands at 50%, 60% and 100% AMI
- Located in the heart of Morrisania, Bronx, three short blocks south of Crotona Park and surrounded by local retailers
- Easy access to transportation within a block of the Bx15 and Bx35 Bus lines
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