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1701 Parkview Ave
Bronx, NY 10461
Multifamily Property For Sale
·
22 Units
Executive Summary
Welcome to this new, 7-story luxury elevator building located in the highly desirable Middletown–Pelham Bay neighborhood. Offering a mix of 1, 2, and 3-bedroom residences, each unit is thoughtfully designed with state-of-the-art appliances, modern finishes, and energy-efficient systems throughout.
The building offers 28 years of tax abatement remaining, with each unit equipped with a dedicated boiler—tenants control and pay their own utilities. A laundry room is available on the premises for added convenience, and interiors are designed for both style and efficiency. Out of the total units, 8 are designated as affordable housing, providing excellent opportunities for income-qualified applicants.
Located just 0.3 miles from the Buhre Avenue Station and 0.5 miles from Pelham Bay Park Station, residents enjoy easy access to the 6 train and multiple bus routes, including the Bx5 and Bx24 just 450 feet away, and the Q50 one block away. The building is also close to major highways, top-rated schools, neighborhood shopping, a variety of restaurants, and Pelham Bay Park—the largest public park in New York City.
This is a rare opportunity to lease or invest in a top-tier Bronx property with outstanding transportation access and long-term tax benefits.
The building offers 28 years of tax abatement remaining, with each unit equipped with a dedicated boiler—tenants control and pay their own utilities. A laundry room is available on the premises for added convenience, and interiors are designed for both style and efficiency. Out of the total units, 8 are designated as affordable housing, providing excellent opportunities for income-qualified applicants.
Located just 0.3 miles from the Buhre Avenue Station and 0.5 miles from Pelham Bay Park Station, residents enjoy easy access to the 6 train and multiple bus routes, including the Bx5 and Bx24 just 450 feet away, and the Q50 one block away. The building is also close to major highways, top-rated schools, neighborhood shopping, a variety of restaurants, and Pelham Bay Park—the largest public park in New York City.
This is a rare opportunity to lease or invest in a top-tier Bronx property with outstanding transportation access and long-term tax benefits.
Property Facts
| Price Per Unit | $468,314 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.51% | Building Size | 21,042 SF |
| No. Units | 22 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Year Built | 2018 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.52/1,000 SF |
| Zoning | R7-1 - Residential | ||
| Price Per Unit | $468,314 CAD |
| Sale Type | Investment |
| Cap Rate | 6.51% |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 21,042 SF |
| Average Occupancy | 100% |
| No. Stories | 7 |
| Year Built | 2018 |
| Parking Ratio | 0.52/1,000 SF |
| Zoning | R7-1 - Residential |
Amenities
Site Amenities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+1 | 10 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 04177-0028 | Improvements Assessment | $673,810 CAD |
| Land Assessment | $123,635 CAD | Total Assessment | $797,444 CAD |
Property Taxes
Parcel Number
04177-0028
Land Assessment
$123,635 CAD
Improvements Assessment
$673,810 CAD
Total Assessment
$797,444 CAD
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