**PRICE REDUCTION** 1692 Grand Concourse presents a rare opportunity to acquire a 26-unit majority free market walk-up building in the Bronx. Positioned on the east side of Grand Concourse between 173rd and 174th Streets, the property offers significant upside through lease turnover, as current free market rents remain below Section 8 subsidy standards. The building consists of 18 one-bedroom and 8 two-bedroom apartments, providing a balanced unit mix for long-term stability. Located in a vibrant neighborhood with excellent access to transportation, the property is just steps from the 174-175th Street subway station, offering direct service on the B and D lines. Multiple bus routes, local retail, and essential services are nearby, enhancing tenant convenience. With a pro forma cap rate of 11.53% and strong neighborhood fundamentals, this asset offers investors a compelling value-add opportunity in one of New York City’s most dynamic residential corridors.