1265 Walton Ave - Apartments FOR SALE


Bronx, NY 10452- Concourse
$5,295,000 USD
646-794-1488
1265 Walton Ave, Bronx, NY for Sale
$5,295,000 USD
Apartments - FOR SALE
1/5
null | 7.48% Cap Rate

1265 Walton Ave
Bronx, NY 10452
Concourse


HIGHLIGHTS

  • 1265 Walton Avenue presents the 71-unit corner apartment building in the Concourse section of Bronx, New York.
  • Current ownership has recently invested $500,000 in capital improvements.
  • The apartment building is ideally located in walking distance to Yankee Stadium.
  • Approximately 35,185 square feet of air rights have not been sold.

OVERVIEW

Friedman-Roth Realty Services is pleased to present the 71-unit apartment building in Bronx, New York, for a stable investment opportunity. The building is within walking distance to Yankee Stadium, just one block to the #4 train station at River Avenue, E167th Street, and the B and D trains at East 167th Street and Grand Concourse. Recently, $500,000 worth of improvements have been implemented, including a brand-new roof, solar panels, updated electrical, façade work, and updates and improvements to the courtyard. Approximately 35,185 square feet of air rights have not been sold.

FOR SALE DETAILS

PRICE

$5,295,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

72

PRICE/UNIT

$73,542

CAP RATE

7.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,810 SF

ZONING

R8

APN/PARCEL ID

02481-0028

ASK ABOUT THIS PROPERTY

Richard GuarinoFriedman-Roth RealtyMore Info
646-794-1488

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Richard GuarinoFriedman-Roth RealtyMore Info
646-794-1488

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