For Sale – 3187 Grand Concourse, Bronx, NY 3187 Grand Concourse is a newer construction 33-unit multifamily asset located along one of the Bronx’s most established corridors. The property is fully leased to Section 8 tenants, providing investors with complete rental stability through reliable, government-backed income. The building also benefits from a favorable tax abatement, which reduces operating costs and enhances long-term returns. Built to modern standards, the property is in excellent condition, requiring minimal near-term capital investment. With its combination of 33 units, 100% Section 8 tenancy, tax advantages, and high-quality construction, 3187 Grand Concourse offers a turnkey, low-risk investment opportunity in a resilient New York City rental market.