Mount Hope – Anthony Avenue

Property feature image
Created date: November 17, 2023
Date last updated: November 17, 2023

Mount Hope is a vibrant neighborhood located in the Bronx, New York. Known for its rich cultural diversity, the area offers a unique blend of urban living and community
Positive Perks and Amenities:
1. Cultural Diversity: With a mix of diverse cultures and backgrounds, Mount Hope is a melting pot that celebrates diversity. This can be seen in the variety of cuisines,
festivals, and community events.
2. Parks and Recreation: Mount Hope is home to several parks and green spaces, providing residents with opportunities for outdoor activities, picnics, and relaxation.
3. Public Transportation: The neighborhood is well-served by public transportation, making it convenient for residents to commute to other parts of the city.
4. Education and Schools: Mount Hope has access to various educational institutions, catering to different age groups and learning needs.
5. Healthcare Facilities: The area boasts several healthcare facilities, ensuring that medical care is readily available to residents.
6. Shopping and Dining: From local markets to trendy restaurants, Mount Hope offers a wide range of shopping and dining options to suit all tastes and budgets.
7. Community Engagement: Various community centers and organizations actively engage residents, fostering a sense of belonging and community spirit.
8. Affordability: Compared to other parts of New York City, Mount Hope offers affordable housing options, making it an attractive choice for many families and
9. Historical Significance: The neighborhood has a rich history, with several historical landmarks and buildings that add to its unique character.
10. Accessibility: Its central location in the Bronx ensures that Mount Hope is easily accessible from other parts of the city, making it a convenient place to live, work, and

Property Description

Investment Opportunity USD 6M property at 5.3% cap rate 61 Units 66,000 SF GBA 0.9% Vacancy rate 1927

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Apartments
Price: $6,000,000
No. of Units: 61
Cap Rate: 5.3%
Average Occupancy: 98
Year Built: 1927
Building Size: 66,000 Sq ft
No. of Stories: 6
Opportunity Zone: No
Price per unit: $98,361

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent


Income/expense info: Actual
Financial year: 2023
Gross income: 801000
Effective Gross income: 799000
Operating expenses: 465000
Net operating income: 373000

Additional contacts

Full name Phone number Email address
Francis Caamano 9172096757 [email protected]

Similar Properties in the Area

Walter Apartments

Sebring , Florida
Florida & Gulf Coast + Apartments
Units: 17
Price: $1,820,000

Ridgecrest & Raintree Portfolio

Breckenridge , Texas
Texas + Apartments
Units: 80

3 ACRES in Downtown Coral Springs

Coral Springs , Florida
Florida & Gulf Coast + Apartments
Units: 53
Price: $13,000,000
New call-to-action


View All


View All


View All
popup background image