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1115 Intervale Ave
Bronx, NY 10459
 Tax Credit / Affordable/ Senior · Multifamily Property For Sale · 48 Units

Apartment Buildings New York Bronx 1115 Intervale Ave, 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.

Property Facts

Price Per Unit $148,906 CAD Lot Size 0.21 AC
Sale Type Investment Building Size 42,470 SF
No. Units 48 Average Occupancy 29%
Property Type Multifamily No. Stories 8
Property Subtype
Apartment
  • Multifamily Dormitory
 Year Built 2015
Apartment Style Mid-Rise Parking Ratio 0.14/1,000 SF
Building Class A 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.
Price Per Unit $148,906 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.

Amenities

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

Property Taxes

Parcel Number 02692-0068 Improvements Assessment $1,748,272 CAD
Land Assessment $94,450 CAD Total Assessment $1,842,723 CAD

Property Taxes

Parcel Number
02692-0068
Land Assessment
$94,450 CAD
Improvements Assessment
$1,748,272 CAD
Total Assessment
$1,842,723 CAD
 

  • Listing ID: 37746754

  • Date on Market: 2025-09-19

  • Last Updated:

  • Address: 1115 Intervale Ave, Bronx, NY 10459

The Foxhurst Multifamily Property at 1115 Intervale Ave, Bronx, NY 10459 is currently available. Contact Rosewood Realty Group for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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