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129 Alexander Ave 9 Unité Immeuble d’appartements À vendre Bronx, NY 10454
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Positioned in the heart of Mott Haven, offering immediate access to one of the Bronx’s fastest-transforming residential and commercial corridors.
- Notable upside as rent-stabilized units naturally convert to free-market between 2026 and 2027, allowing rents to rise with minimal investment.
- Convenient transit access with multiple subway lines and regional connections that enhance both residential and retail demand.
- Strong in-place income supported by a stabilized residential tenant base and a long-term ground-floor retail tenant with lease security through 2029.
- Long-term tax advantages through a J-51 abatement and 2B tax class that help preserve cash flow as income grows.
Résumé de l'annonce
Cushman & Wakefield is pleased to exclusively present 129 Alexander Avenue, an 8,350 SF, five-story mixed-use building in the heart of Mott Haven, comprised of nine residential units above one ground-floor commercial space. The property offers a rare combination of strong in-place income, meaningful tax protection, and a clear path to rental upside in one of the Bronx’s most rapidly evolving neighborhoods. The building benefits from a J-51 tax abatement through 2027, reducing annual real estate taxes to
approximately $18,132 versus an unabated tax of $30,190. In addition, the property is classified as Tax Class 2B, which caps assessed value increases at 8% annually and 30% over five years, providing long-term protection against aggressive reassessments as income grows. This structure allows future rent increases to translate more directly into net operating income, materially enhancing cash flow and value. All nine residential units are currently rent stabilized with in-place average rents well below market. As leases naturally expire between 2026 and 2027, units convert to free-market status, allowing rents to reset to prevailing market rate with minimal capital investment. Pro forma underwriting reflects a meaningful increase in residential income as units roll, supported by stable ground-floor retail income from an established tenant. This low-execution, tax-efficient business plan positions 129 Alexander Avenue as an attractive value-add opportunity with durable downside protection and substantial long-term upside.
approximately $18,132 versus an unabated tax of $30,190. In addition, the property is classified as Tax Class 2B, which caps assessed value increases at 8% annually and 30% over five years, providing long-term protection against aggressive reassessments as income grows. This structure allows future rent increases to translate more directly into net operating income, materially enhancing cash flow and value. All nine residential units are currently rent stabilized with in-place average rents well below market. As leases naturally expire between 2026 and 2027, units convert to free-market status, allowing rents to reset to prevailing market rate with minimal capital investment. Pro forma underwriting reflects a meaningful increase in residential income as units roll, supported by stable ground-floor retail income from an established tenant. This low-execution, tax-efficient business plan positions 129 Alexander Avenue as an attractive value-add opportunity with durable downside protection and substantial long-term upside.
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,04 AC |
| Nombre d’unités | 9 | Taille du bâtiment | 8 350 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 5 |
| Sous-type de propriété | Appartement | Année de construction | 1931 |
| Style d’appartement | De hauteur moyenne | Zone de développement économique |
Oui
|
| Classe d’immeuble | C | ||
| Zonage | M1-2R6 - Industriel léger avec bureaux, hôtels et la plupart des usages commerciaux autorisés. | ||
| Type de vente | Investissement |
| Nombre d’unités | 9 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 0,04 AC |
| Taille du bâtiment | 8 350 pi² |
| Nombre d’étages | 5 |
| Année de construction | 1931 |
| Zone de développement économique |
Oui |
| Zonage | M1-2R6 - Industriel léger avec bureaux, hôtels et la plupart des usages commerciaux autorisés. |
Commodités
Commodités des unités
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Four
Commodités du site
- Accès 24 heures
- Accès contrôlé
- CVCA contrôlé par le locataire
- Sans fumée
- Détecteur de fumée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 9 | - | 560 |
1 1
Exceptionnellement praticable à pied
100/100
Moyennement facile d’accès en voiture
70/100
Transports en commun exceptionnels
100/100
Moyennement praticable en vélo
70/100
Impôts fonciers
| Numéro de lot | 02309-0029 | Évaluation des bâtiments | 305 295 $ CAD |
| Évaluation du terrain | 2 542 $ CAD | Évaluation totale | 307 838 $ CAD |
Impôts fonciers
Numéro de lot
02309-0029
Évaluation du terrain
2 542 $ CAD
Évaluation des bâtiments
305 295 $ CAD
Évaluation totale
307 838 $ CAD
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Visite extérieure 3D Matterport
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Vue depuis la rue
Rue
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129 Alexander Ave
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