724-728 E 187th St - Apartments FOR SALE


Bronx, NY 10458- Belmont
$4,000,000 USD
646-568-6192
724-728 E 187th St, Bronx, NY for Sale
$4,000,000 USD
Apartments - FOR SALE
1/1
null | 6.87% Cap Rate

724-728 E 187th St
Bronx, NY 10458
Belmont


OVERVIEW

• Located on the Southeast corner of 187th Street & Crotona Avenue • Unit breakdown is comprised of one (1) studio apartment, twenty-one (21) 1-bedroom apartments, eight (8) 2-bedroom apartments, five (5) 3-bedroom apartments, and five (5) commercial units • Within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District • Few blocks from the famous Arthur Avenue, offering immediate access to popular eateries in the heart of The Bronx’s Little Italy • Major retailers in the area include national brands Best Buy, Dollar Tree, Starbucks, and Chipotle • The building’s close proximity to Fordham University makes it a natural destination for the area’s many students seeking quality housing options • Midtown Manhattan & Westchester County can be reached within

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

40

PRICE/UNIT

$100,000

CAP RATE

6.87%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R7-1

APN/PARCEL ID

03102-0029

ASK ABOUT THIS PROPERTY

Daniel MahfarAriel Property AdvisorsMore Info
646-568-6192

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Daniel MahfarAriel Property AdvisorsMore Info
646-568-6192

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