Woodlawn Heights – 234

Address: 501 E 234th St, The Bronx, New York, US

New York & Tri-State + Apartments

Created date: November 17, 2023

Date last updated: November 22, 2023

Woodlawn Heights is a vibrant and close-knit neighborhood in the
Bronx, NY (10470). Known for its Irish heritage, it features charming
residential streets and a strong sense of community. With wellmaintained homes, proximity to parks, and convenient
transportation options, it offers a welcoming and comfortable
environment for residents.
The neighborhood embraces its Irish-American roots, hosting the
annual St. Patrick’s Day Parade. Woodlawn Heights boasts a mix of
housing options, including single-family homes and apartments, with
a classic brick architecture that adds character. The community
actively engages in neighborhood events and initiatives, fostering a
tight-knit atmosphere.
The nearby Van Cortlandt Park provide peaceful retreats and
opportunities for outdoor activities. Transportation is convenient,
with the Woodlawn Metro-North station connecting residents to
Manhattan, and several bus routes serving the area. The
neighborhood’s commercial strip, Katonah Avenue, offers local
shops, restaurants, and pubs, catering to diverse needs. Woodlawn
Heights is a charming and welcoming neighborhood that combines a
strong community spirit with access to green spaces and urban
amenities

Property Description

Investment Opportunity USD 8.6m property in Woodlawn Heights 4.2% cap rate 43 Units 43,000 SF GBA 0.9% Vacancy rate 1928 Year Built

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Broker Details

Francis Caamano

Key Property Information

Listing Status:	Available
Multifamily type:	Apartments
Price:	$8,000,000
No. of Units:	43
Cap Rate:	4.4%
Average Occupancy:	98
Year Built:	1928
Building Size:	43,000 Sq ft
Opportunity Zone:	No
Price per unit:	$186,047