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1777-1779 Monroe Avenue 1777 Monroe Ave 36 Unit Apartment Building For Sale Bronx, NY 10457
Investment Highlights
- Located in the Mount Hope neighborhood of the Bronx with access to established residential and commercial corridors.
- Offered as part of a two-building assemblage at 1777-1779 Monroe Avenue.
Executive Summary
Bid Deadline: Tuesday, November 10, 2026 by 5:00 PM
Auction Date: Thursday, November 12, 2026 at 2:30 PM
Sale subject to bankruptcy court approval.
Northgate Real Estate Group presents the bankruptcy sale of 1777 & 1779 Monroe Avenue, two contiguous multifamily buildings under construction in the Mount Hope section of the Bronx. The offering presents a rare opportunity to complete a stalled 36-unit residential development or pursue a teardown and redesign on an assembled lot in one of the Bronx’s most transit-connected neighborhoods.
Building Snapshot
Two contiguous multifamily buildings under construction, offered together as an assemblage.
36 total planned residential units across 15,518 square feet of planned development.
Each building designed for four stories plus a penthouse. Combined 50' x 95' lot with 50' of frontage along Monroe Avenue.
Flexibility to complete the existing construction or teardown and redesign.
R8 zoning in the Mount Hope neighborhood of the Bronx.
Short walk to the 174th-175th Street subway station (B & D trains), with additional nearby access to the 4 train and the Metro-North Tremont station.
Surrounded by established retail and dining, including Key Food, Dunkin’, Fine Fare Supermarket, Blink Fitness, and 7-Eleven.
Located amid significant nearby development activity, including a 213-unit mixed-use building at 521 E Tremont Avenue, the 119-unit Tremont Residences, and a new 40,000-square-foot charter school opening 2026-2027.
Approximately 40 minutes to Penn Station and Grand Central via public transit.
Auction Date: Thursday, November 12, 2026 at 2:30 PM
Sale subject to bankruptcy court approval.
Northgate Real Estate Group presents the bankruptcy sale of 1777 & 1779 Monroe Avenue, two contiguous multifamily buildings under construction in the Mount Hope section of the Bronx. The offering presents a rare opportunity to complete a stalled 36-unit residential development or pursue a teardown and redesign on an assembled lot in one of the Bronx’s most transit-connected neighborhoods.
Building Snapshot
Two contiguous multifamily buildings under construction, offered together as an assemblage.
36 total planned residential units across 15,518 square feet of planned development.
Each building designed for four stories plus a penthouse. Combined 50' x 95' lot with 50' of frontage along Monroe Avenue.
Flexibility to complete the existing construction or teardown and redesign.
R8 zoning in the Mount Hope neighborhood of the Bronx.
Short walk to the 174th-175th Street subway station (B & D trains), with additional nearby access to the 4 train and the Metro-North Tremont station.
Surrounded by established retail and dining, including Key Food, Dunkin’, Fine Fare Supermarket, Blink Fitness, and 7-Eleven.
Located amid significant nearby development activity, including a 213-unit mixed-use building at 521 E Tremont Avenue, the 119-unit Tremont Residences, and a new 40,000-square-foot charter school opening 2026-2027.
Approximately 40 minutes to Penn Station and Grand Central via public transit.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 36 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 15,518 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Zoning | R8 - Residential | ||
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 15,518 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R8 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | - | - |
1 1
Exceptionally walkable
90/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02797-0038 | Improvements Assessment | $450,148 CAD |
| Land Assessment | $75,180 CAD | Total Assessment | $525,328 CAD |
Property Taxes
Parcel Number
02797-0038
Land Assessment
$75,180 CAD
Improvements Assessment
$450,148 CAD
Total Assessment
$525,328 CAD
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