2824-2834 Heath Ave - Apartments FOR SALE


Bronx, NY 10463- Jerome Park
$5,485,000 USD
914-968-8500
2824-2834 Heath Ave, Bronx, NY for Sale
$5,485,000 USD
Apartments - FOR SALE
1/4
null | 7.8% Cap Rate

2824-2834 Heath Ave
Bronx, NY 10463
Jerome Park


HIGHLIGHTS

  • Prewar elevator midrise apartment building
  • Well maintained infrastructure, roof and individually metered
  • Located just off W Kingsbridge Road with quick access to the 1 train at Marble Hill–225th Street and 231st Street stations.

OVERVIEW

2834 Heath Avenue in The Bronx is a six-story, elevator apartment building located in Kingsbridge Heights. The property features 65 apartments across approximately 68,448 SF. The building showcases classic prewar charm with a steel and glass arched entrance that leads into an original detailed tile and stone vestibule. Inside, residents are welcomed by a spacious, beautifully designed lobby featuring arched architectural elements and elegant steel and marble stairwells. Each unit is equipped with its own circuit breakers, while all breaker panels, gas meters, and electric meters are located in the basement. Heating is provided by a gas-fired boiler with a dual-fuel capable burner. Although the oil tank has been decommissioned, the building retains the infrastructure for flexible fuel sourcing. The roof is a silver-coated rubber membrane, and the parapet walls have been fully rebuilt, contributing to the building’s strong physical condition. Located just off W Kingsbridge Road, 2834 Heath Avenue offers quick access to the 1 train at Marble Hill–225th Street and 231st Street stations. Nearby amenities include a Target and BJ’s shopping center, local grocery stores, pharmacies, and dining options. The area is also served by several MTA bus lines and is close to the VA Medical Center.

FOR SALE DETAILS

PRICE

$5,485,000 USD

PRICE/SF

$80 USD /SF

# OF UNITS

65

PRICE/UNIT

$84,385

CAP RATE

7.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,502 SF

ZONING

R6,Bronx,(D1)

APN/PARCEL ID

03256-0064

ASK ABOUT THIS PROPERTY

Marco LalaRM FriedlandMore Info
914-968-8500

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Marco LalaRM FriedlandMore Info
914-968-8500

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