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253 E Kingsbridge Rd
Bronx, NY 10458
Multifamily Property For Sale
·
11 Units
Executive Summary
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 253 East Kingsbridge Road, Bronx, NY. The Property is a five-story multifamily building located in the Fordham section of the Bronx. This well-positioned asset features large three-bedroom layouts and benefits from strong neighborhood demand, excellent transit access, and proximity to major institutional anchors. The property offers investors a stable, cash-flowing multifamily opportunity with long-term upside supported by favorable zoning and a highly resilient rental market.
Property Facts
| Price Per Unit | $199,097 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.28% | Lot Size | 0.09 AC |
| Gross Rent Multiplier | 5.45 | Building Size | 18,048 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1913/2002 |
| Zoning | R8 - Multifamily walk-up buildings, over six (6) families without stores | ||
| Price Per Unit | $199,097 CAD |
| Sale Type | Investment |
| Cap Rate | 8.28% |
| Gross Rent Multiplier | 5.45 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 18,048 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built/Renovated | 1913/2002 |
| Zoning | R8 - Multifamily walk-up buildings, over six (6) families without stores |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 11 | - | - |
Property Taxes
| Parcel Number | 03293-0121 | Improvements Assessment | $762,478 CAD |
| Land Assessment | $19,516 CAD | Total Assessment | $781,995 CAD |
Property Taxes
Parcel Number
03293-0121
Land Assessment
$19,516 CAD
Improvements Assessment
$762,478 CAD
Total Assessment
$781,995 CAD
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