936 College Avenue Ave - Apartments FOR SALE


$5,479,000 USD
347-500-3377
936 College Avenue Ave, Bronx, NY for Sale
$5,479,000 USD
Apartments - FOR SALE
1/10
null | 7.46% Cap Rate

936 College Avenue Ave
Bronx, NY 10456
Fleetwood-Concourse Village


HIGHLIGHTS

  • Excellent location in the Concourse section of the Bronx, within walking distance of public transportation, Yankee Stadium, retail corridors, schools,

OVERVIEW

Hillstone Properties NY is pleased to exclusively present this newly constructed five-story, 16-unit multifamily building in the heart of the Bronx. Built in 2025, the property consists of 10 studio apartments and 6 one-bedroom apartments, totaling approximately 8,608 square feet on a 3,199-square-foot lot. This all-electric building is delivered fully vacant, allowing an investor to lease at current market rents. The property benefits from a 35-year 485-x tax abatement, resulting in exceptionally low operating expenses and strong long-term cash flow potential. Ideally located near public transportation, Yankee Stadium, the Grand Concourse, shopping, restaurants, and major highways, this turnkey asset presents an outstanding opportunity to acquire a brand-new multifamily investment in one of the Bronx's strongest rental markets

FOR SALE DETAILS

PRICE

$5,479,000 USD

PRICE/SF

$636 USD /SF

# OF UNITS

16

PRICE/UNIT

$342,438

CAP RATE

7.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,240 SF

ZONING

R7-1

APN/PARCEL ID

02423-0057

ASK ABOUT THIS PROPERTY

Alfredo HilaHILLSTONE PROPERTIES NYMore Info
347-500-3377

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Alfredo HilaHILLSTONE PROPERTIES NYMore Info
347-500-3377

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