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Mark Terrace Apartments 3410 De Reimer Ave 208 Unit Apartment Building $2,052,450 CAD ($9,868 CAD/Unit) Bronx, NY 10475
Executive Summary
Meridian Investment Sales has been exclusively retained to sell a sponsor held package of 32 unsold units in the Mark Terrace Co-Op that are currently occupied by rent stabilized tenants. Upon unit turnover, the unit can be sold and/or rented at market value.
Built in 1965, Mark Terrace Owners’ Corp., is located at 3410 De Reimer Avenue in the Eastchester section of the Bronx. It is a 16-story doorman elevator cooperative building which is in immaculate condition. The 32 units are located within the 208-unit mid rise. The property is a short drive to Pelham Bay Park, Co-op City, New York Botanic Gardens, Jacobi Hospital, major highways as well as subway stop to NYC.
Built in 1965, Mark Terrace Owners’ Corp., is located at 3410 De Reimer Avenue in the Eastchester section of the Bronx. It is a 16-story doorman elevator cooperative building which is in immaculate condition. The 32 units are located within the 208-unit mid rise. The property is a short drive to Pelham Bay Park, Co-op City, New York Botanic Gardens, Jacobi Hospital, major highways as well as subway stop to NYC.
Property Facts
| Price | $2,052,450 CAD | Lot Size | 3.94 AC |
| Price Per Unit | $9,868 CAD | Building Size | 256,000 SF |
| Sale Type | Investment | Average Occupancy | 95% |
| No. Units | 208 | No. Stories | 16 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 0.68/1,000 SF |
| Apartment Style | Hi-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R4 | ||
| Price | $2,052,450 CAD |
| Price Per Unit | $9,868 CAD |
| Sale Type | Investment |
| No. Units | 208 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 3.94 AC |
| Building Size | 256,000 SF |
| Average Occupancy | 95% |
| No. Stories | 16 |
| Year Built | 1965 |
| Parking Ratio | 0.68/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Amenities
Unit Amenities
- Balcony
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Elevator
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 208 | - | - |
1 1
Walk Score®
Very Walkable (80)
Transit Score®
Excellent Transit (85)
Property Taxes
| Parcel Numbers | Improvements Assessment | $324,239,319 CAD | |
| Land Assessment | $57,891,665 CAD | Total Assessment | $382,130,984 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$57,891,665 CAD
Improvements Assessment
$324,239,319 CAD
Total Assessment
$382,130,984 CAD
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Mark Terrace Apartments | 3410 De Reimer Ave
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