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Tax Credit / Affordable/ Senior 1115 Intervale Ave 48 Unit Apartment Building $6,935,557 CAD ($144,491 CAD/Unit) Bronx, NY 10459

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EXECUTIVE SUMMARY

A (8) story elevator tax-credit building with an affordability component consisting of 48 apartments. There is upside at Intervale because when vacancies come up, the new owner could put in program tenants as long as they are 55 or over.
• 2015 Construction
• Tax Credit Deal
• 55 and older senior housing.
• Tremendous Existing Loan must be assumed.

1115 Intervale Avenue, Foxhurst, Bronx, NY

PROPERTY FACTS

Price	$6,935,557 CAD	Lot Size	0.21 AC
Price Per Unit	$144,491 CAD	Building Size	42,470 SF
Sale Type	Investment	Average Occupancy	29%
No. Units	48	No. Stories	8
Property Type	Multifamily	Year Built	2015
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	0.14/1,000 SF
Apartment Style	Mid-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	A
Zoning	R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements.

Price	$6,935,557 CAD
Price Per Unit	$144,491 CAD
Sale Type	Investment
No. Units	48
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Mid-Rise
Building Class	A
Lot Size	0.21 AC
Building Size	42,470 SF
Average Occupancy	29%
No. Stories	8
Year Built	2015
Parking Ratio	0.14/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R7-1 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-1 has more parking requirements.

UNIT AMENITIES

Air Conditioning

Wheelchair Accessible (Rooms)

SITE AMENITIES

Elevator

UNIT MIX INFORMATION

DESCRIPTION	NO. UNITS	AVG. RENT/MO	SF
Studios	13	-	600
1+1	35	-	750

1 1

Walk Score®

Walker's Paradise (90)

Transit Score®

Rider's Paradise (100)

Bike Score®

Very Bikeable (71)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	02692-0068	Improvements Assessment	$1,745,279 CAD
Land Assessment	$94,289 CAD	Total Assessment	$1,839,568 CAD

PROPERTY TAXES

Parcel Number

02692-0068

Land Assessment

$94,289 CAD

Improvements Assessment

$1,745,279 CAD

Total Assessment

$1,839,568 CAD

(917) 204-2682

CONTACT

Mike Kerwin
Rosewood Realty Group

Listing ID: 37746754
Date on Market: 2025-09-19
Last Updated:
Address: 1115 Intervale Ave, Bronx, NY 10459

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