1075 West Farms Rd - Apartments FOR SALE


Bronx, NY 10459- Foxhurst
$6,250,000 USD
646-933-2615
1075 West Farms Rd, Bronx, NY for Sale
$6,250,000 USD
Apartments - FOR SALE
1/8
null | 8% Cap Rate

1075 West Farms Rd
Bronx, NY 10459
Foxhurst


HIGHLIGHTS

  • Delivered Vacant
  • New Construction

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 1075 West Farms Road; a brand-new four-story building located in the Foxhurst section of the Bronx. 1075 West Farms Road consists of nineteen (19) apartments: seventeen (17) large studio apartments and two (2) 1-bedroom units. The building will benefit from a 485X tax abatement and can be delivered vacant with a Certificate of Occupancy (CO). This newly constructed building offers a total of 8,646 square feet. It is located within walking distance of the Simpson Street subway station (2,5 lines).

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$723 USD /SF

# OF UNITS

19

PRICE/UNIT

$328,947

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,867 SF

ZONING

R7-1

APN/PARCEL ID

02744-0042

ASK ABOUT THIS PROPERTY

Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

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Jared FriedmanInvestment Property Realty GroupMore Info
646-933-2615

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.