Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

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
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

Property Taxes

Parcel Number
02693-0022
Land Assessment
$127,765 CAD
Improvements Assessment
$1,394,200 CAD
Total Assessment
$1,521,965 CAD
  • Listing ID: 31431481

  • Date on Market: 2024-04-05

  • Last Updated:

  • Address: 1230 Prospect Ave, Bronx, NY 10459

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}