Log In/Sign Up
Your email has been sent.
724-728 E 187th St
Bronx, NY 10458
Multifamily Property For Sale
·
40 Units
Executive Summary
• Located on the Southeast corner of 187th Street & Crotona Avenue
• Unit breakdown is comprised of one (1) studio apartment, twenty-one (21) 1-bedroom apartments, eight (8) 2-bedroom apartments, five (5) 3-bedroom apartments, and five (5) commercial units
• Within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District
• Few blocks from the famous Arthur Avenue, offering immediate access to popular eateries in the heart of The Bronx’s Little Italy
• Major retailers in the area include national brands Best Buy, Dollar Tree, Starbucks, and Chipotle
• The building’s close proximity to Fordham University makes it a natural destination for the area’s many students seeking quality housing options
• Midtown Manhattan & Westchester County can be reached within
• Unit breakdown is comprised of one (1) studio apartment, twenty-one (21) 1-bedroom apartments, eight (8) 2-bedroom apartments, five (5) 3-bedroom apartments, and five (5) commercial units
• Within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District
• Few blocks from the famous Arthur Avenue, offering immediate access to popular eateries in the heart of The Bronx’s Little Italy
• Major retailers in the area include national brands Best Buy, Dollar Tree, Starbucks, and Chipotle
• The building’s close proximity to Fordham University makes it a natural destination for the area’s many students seeking quality housing options
• Midtown Manhattan & Westchester County can be reached within
Property Facts
| Price Per Unit | $113,223 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.61% | Lot Size | 0.16 AC |
| Gross Rent Multiplier | 4.91 | Building Size | 28,000 SF |
| No. Units | 40 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R7-1 | ||
| Price Per Unit | $113,223 CAD |
| Sale Type | Investment |
| Cap Rate | 8.61% |
| Gross Rent Multiplier | 4.91 |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 28,000 SF |
| No. Stories | 5 |
| Year Built | 1927 |
| Opportunity Zone |
Yes |
| Zoning | R7-1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | - | - |
Property Taxes
| Parcel Number | 03102-0029 | Improvements Assessment | $959,719 CAD |
| Land Assessment | $172,922 CAD | Total Assessment | $1,132,642 CAD |
Property Taxes
Parcel Number
03102-0029
Land Assessment
$172,922 CAD
Improvements Assessment
$959,719 CAD
Total Assessment
$1,132,642 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
