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Faits saillants de l'investissement
- 56 unit mixed-use buildings
- 38,390 gross square footage
- Less than a mile from BronxCare Health System on Grand Concourse
- 9.5% cap rate / ?3.89 GRM
- Located adjacent to Claremont Park, a 38-acre green space
Résumé de l'annonce
1398 & 1402 Clay Avenue are located in The Bronx, a rapidly evolving area benefiting from significant institutional and recreational anchors. Major employment hubs like the BronxCare Health System, located less than a mile away on the Grand Concourse, provide a deep and resilient pool of potential renters for the property. The asset is situated directly adjacent to Claremont Park, a 38-acre green space offering residents immediate access to swimming pools, sports courts, and playgrounds. This proximity to major healthcare employers and expansive lifestyle amenities makes the neighborhood a highly attractive and convenient alternative to Manhattan.
The surrounding area is witnessing strong demand from both residents and professionals. The property is conveniently located near the 167th Street station, serving the B and D subway lines, offering a direct and efficient commute to Midtown Manhattan. Tenant demand is further bolstered by the nearby Bronx Civic Center, located just 1.2 miles away, which serves as a major hub of judicial and municipal employment. Additionally, the property sits just 1.5 miles from Yankee Stadium and the bustling Grand Concourse corridor. These powerful demand drivers and excellent transit connectivity position 1398 Clay Avenue as a prime investment opportunity.
The surrounding area is witnessing strong demand from both residents and professionals. The property is conveniently located near the 167th Street station, serving the B and D subway lines, offering a direct and efficient commute to Midtown Manhattan. Tenant demand is further bolstered by the nearby Bronx Civic Center, located just 1.2 miles away, which serves as a major hub of judicial and municipal employment. Additionally, the property sits just 1.5 miles from Yankee Stadium and the bustling Grand Concourse corridor. These powerful demand drivers and excellent transit connectivity position 1398 Clay Avenue as a prime investment opportunity.
Faits sur la propriété
| Prix | 5 395 620 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 140,55 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 9,50% | Taille totale du bâtiment | 38 390 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 0,21 AC |
| Statut | Actif |
| Prix | 5 395 620 $ CAD |
| Prix/pi² | 140,55 $ CAD / pi² |
| Taux de capitalisation | 9,50% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 38 390 pi² |
| Superficie totale du terrain | 0,21 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 1402 Clay Ave, Bronx, NY 10456 | Immeuble residentiel | 21 800 pi² | 1914 | - |
| 1398 Clay Ave, Bronx, NY 10456 | Immeuble residentiel | 16 590 pi² | 1914 | - |
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1398 and 1402 Clay Avenue
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