1988 Newbold Avenue, Bronx, NY 10472 AKA 1950 Cross Bronx Expy, Bronx , NY 10472 ELEVATOR APARTMENT BUILDING FOR SALE -52 APARTMENTS AND 3 STORES -ARTICLE XI UNTIL 2063 / 8.72% CAP Six-story elevator apartment building located on the southeast corner of Newbold Avenue and the Cross Bronx Expressway in the Soundview section of the Bronx. Built in 1929 and renovated in 2008, the property features solar panels on the roof and benefits from a new Article 11 tax exemption. Well-maintained with strong long-term upside, this asset offers investors stable cash flow, reduced operating expenses, and valuable tax advantages in one of the Bronx's most established multifamily neighborhoods.