Cushman & Wakefield is pleased to exclusively present 129 Alexander Avenue, an 8,350 SF, five-story mixed-use building in the heart of Mott Haven, comprised of nine residential units above one ground-floor commercial space. The property offers a rare combination of strong in-place income, meaningful tax protection, and a clear path to rental upside in one of the Bronx’s most rapidly evolving neighborhoods. The building benefits from a J-51 tax abatement through 2027, reducing annual real estate taxes to approximately $18,132 versus an unabated tax of $30,190. In addition, the property is classified as Tax Class 2B, which caps assessed value increases at 8% annually and 30% over five years, providing long-term protection against aggressive reassessments as income grows. This structure allows future rent increases to translate more directly into net operating income, materially enhancing cash flow and value. All nine residential units are currently rent stabilized with in-place average rents well below market. As leases naturally expire between 2026 and 2027, units convert to free-market status, allowing rents to reset to prevailing market rate with minimal capital investment. Pro forma underwriting reflects a meaningful increase in residential income as units roll, supported by stable ground-floor retail income from an established tenant. This low-execution, tax-efficient business plan positions 129 Alexander Avenue as an attractive value-add opportunity with durable downside protection and substantial long-term upside.