1234 Fulton Ave - Apartments FOR SALE


Bronx, NY 10456- Morrisania
$925,000 USD
212-430-6134
1234 Fulton Ave, Bronx, NY for Sale
$925,000 USD
Apartments - FOR SALE
1/9
null | 8.4% Cap Rate

1234 Fulton Ave
Bronx, NY 10456
Morrisania


HIGHLIGHTS

  • This 8-unit walk-up comprises 1 one-bedroom apartment and 7 two-bedroom apartments.
  • 8.6% Cap Rate | 6.2x GRM | $149 Per Sqft | $115,625 Per Unit.

OVERVIEW

New York Multifamily is pleased to offer 1234 Fulton Avenue, located in the lively neighborhood of Morrisania. Situated between 168th Street and 169th Street, this asset has been professionally managed by the same ownership group for nearly 7 years. Spanning 6,192 square feet across four stories, 1234 Fulton Avenue is composed of 8 units total. Offered at 6.2x GRM, this turn-key investment enables owners to achieve steady income throughout the entire hold period. The property benefits from a prime location near the Bronx-Lebanon Hospital Center, Author's Academy, Drew Playground, with convenient access to the 167th Street B & D Lines THE OPPORTUNITY 1234 Fulton Avenue is well located in close proximity to the Bronx-Lebanon Hospital Center, Author's Academy, Drew Playground, with convenient access to the 167th Street B & D Lines.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

8

PRICE/UNIT

$115,625

CAP RATE

8.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R6

APN/PARCEL ID

02612-0004

ASK ABOUT THIS PROPERTY

Seth GlasserMarcus & MillichapMore Info
212-430-6134

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Seth GlasserMarcus & MillichapMore Info
212-430-6134

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