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Investment Highlights

  • Calling All Investors, Developers & End-Users!!! 8.46 Cap New 10 Unit Bronx Apartment Building Near University Ave. For Sale!!!
  • Located In the Heart Of The Bronx Near I-278 & The Grand Concourse Situated Between University Ave. & Jerome Ave. Near Bronx Community College!!
  • Neighbors Include Yankee Stadium, The Bronx Zoo, Chase Bank, USPS, Planet Fitness, AutoZone, Dunkin’, Montefiore Medical Center, +++!!!
  • The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 8’ Ceilings. Large Rear Yard, Sprinklers, 6 Parking Spaces, +++!!!
  • This Building Was Built In 2022 & Has A 421-A Tax Abatement Until 2060!!!
  • This Property Offers HUGE Upside Potential!!!

Executive Summary

Calling All Investors, Developers & End-Users!!! 8.46 Cap New 10 Unit Bronx Apartment Building Near University Ave. For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 8’ Ceilings. Large Rear Yard, Sprinklers, 6 Parking Spaces, 4 Stories, 3 Phase Power All New LED Lighting, A/C, +++!!! The Property Is Located IN the Heart Of The Bronx Between I-278 & The Grand Concourse!!! The Building Is Situated Between University Ave. & Jerome Ave. Near Bronx Community College!!! This Building Was Built In 2022 & Has A 421-A Tax Abatement Until 2060!!! Neighbors Include Yankee Stadium, The Bronx Zoo, Chase Bank, USPS, Planet Fitness, AutoZone, Dunkin’, Montefiore Medical Center, Saint Barnabas Hospital. H & R Block, Total Wireless, McDonald’s, Taco Bell, Domino’s, Subway, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!
Income:
Unit 1A: $26,472 Ann.

Unit 1R: $27,336 Ann.
Unit 2A: $27,336 Ann.
Unit 2B: $25,896 Ann.
Unit 2C: $26,940 Ann.
Unit 3A: $25,896 Ann.
Unit 3B: $25,920 Ann.

Unit 3C: $27,300 Ann.
Unit 4A: $29,400 Ann.
Unit 4B: $26,940 Ann.
Gross Income: $269,439 Ann.
Expenses:
Electric: $2,403 Ann.
Insurance: $6,250 Ann.
Water & Sewer: $3,200 Ann.
Internet: $1,080 Ann.
Taxes: $3,600 Ann.
Total Expenses: $16,533 Ann.
Net Operating Income (NOI): $259,906 Ann. (8.46% Cap!!!)

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,194,644 CAD
Price Per Unit $419,464 CAD
Sale Type Investment
Cap Rate 8.46%
No. Units 10
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 7,500 SF
No. Stories 4
Year Built 2022
Parking Ratio 0.8/1,000 SF
Opportunity Zone Yes
Zoning R7-1 - medium-density, non-contextual residential zoning district

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 - 600
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
03194-0046
Land Assessment
$94,546 CAD
Improvements Assessment
$577,273 CAD
Total Assessment
$671,819 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41175493

  • Date on Market: 2026-07-06

  • Last Updated:

  • Address: 2097 Davidson Ave, Bronx, NY 10453

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