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1230 Prospect Ave
Bronx, NY 10459
1230 Prospect Ave · Multifamily Property For Sale
·
17 Units


Investment Highlights
- Tax Abated
- New Construction
Executive Summary
Prime Investment Opportunity! Brand New Construction, this Tax -Abated, Mixed-Use Property has 17 Residential Apartments, 1 Medical Facility, & 1 Retail Space. All Apartments are occupied. Contact Immediately for further information.
Property Facts
| Price Per Unit | $556,208 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 6.31% | Building Size | 19,570 SF |
| No. Units | 17 | No. Stories | 8 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements | ||
| Price Per Unit | $556,208 CAD |
| Sale Type | Investment |
| Cap Rate | 6.31% |
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 19,570 SF |
| No. Stories | 8 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Island Kitchen
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Bicycle Storage
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | $3,435 CAD | 350 |
| 1+1 | 7 | $3,435 CAD | 500 |
| 2+1 | 2 | $3,860 CAD | 700 |
Property Taxes
| Parcel Number | 02693-0022 | Improvements Assessment | $1,394,200 CAD |
| Land Assessment | $127,765 CAD | Total Assessment | $1,521,965 CAD |
Property Taxes
Parcel Number
02693-0022
Land Assessment
$127,765 CAD
Improvements Assessment
$1,394,200 CAD
Total Assessment
$1,521,965 CAD
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