931 E 179 Street
37 Unit Apartment Building | $12,900,000 ($348,649/Unit) | 7.08% Cap Rate | Bronx, NY 10460
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $12,900,000
- Property Type
-
Multifamily
- Square Feet
- 31,167 SF
Listing Contacts
Siang Liu
Verified Profile
Adam Lee
Verified Profile
- Property Info
Property Overview
This newly constructed seven-story building is situated in the vibrant West Farms neighborhood of the Bronx.
Comprising 37 units, the property offers a diverse mix of residences, including 2 studio-bedrooms, 19 one-bedrooms, and 16 two-bedrooms. The building boasts a coveted 35-year 421-A tax abatement, providing significant financial benefits until 6/30/2056. Currently fully occupied, the property also features 12 parking spaces.
Constructed in 2021, the property spans 7,329 square feet, with a total building square footage of 26,661. Its prime location offers easy access to the 2&5 subway lines and the renowned Bronx Zoo.
Comprising 37 units, the property offers a diverse mix of residences, including 2 studio-bedrooms, 19 one-bedrooms, and 16 two-bedrooms. The building boasts a coveted 35-year 421-A tax abatement, providing significant financial benefits until 6/30/2056. Currently fully occupied, the property also features 12 parking spaces.
Constructed in 2021, the property spans 7,329 square feet, with a total building square footage of 26,661. Its prime location offers easy access to the 2&5 subway lines and the renowned Bronx Zoo.
Property Details
- Class
- A
- Year Built
- 2021
- Stories
- 7
- Lot Size (sq. ft)
- 7,841 SF
- Units
- 37
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