• Double corner property within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District
• Unit Breakdown is comprised of (17) one bedrooms, (11) two bedrooms, (3) three bedrooms, & (1) four bedroom unit
• Benefits from a J-51 alteration that are set to expire in 2029
• Abundance of national/local commercial tenants are accessible for residents on Grand Concourse, E Fordham Road, & Third Avenue
• Transportation is in abundance as the B/D subway lines and the Metro North (Fordham Station) are all within a 10 minute walk of the property
Listing Status: | Available |
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Listing Type: | Highest & best offer |
Property Types: | Apartment Buildings |
Price: | $3,250,000 |
No. of Units: | 32 |
Cap Rate: | 11.25% |
GRM /GIM: | 5.04 |
Building Size: | 28,000 Sq ft |
Lot Size: | 5,592.00 Sq ft |
No. of Stories: | 5 |
Opportunity Zone: | No |
Price per unit: | $101,563 |
Seattle & Northwest | May 29, 2024
Seattle & Northwest | May 29, 2024
Phoenix & Southwest | May 29, 2024
CBRE | Nevada
Marcus & Millichap
Avison Young - US - NY - New York
GREA
California
North Carolina
California