Contacts
The Lion Real Estate
CEO/Founder
Property Details
- Property Type Multi-Family
- Property Size 12,539 SF
- Units 10
- Lot Size 0.06 Acre
- Rental Income / YR $348,198.80
- NOI / YR $270,448.80
- Taxes / YR $44,750.00
- Additional Rent Contact for pricing
- # of Floors 6
- Average Floor Size 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2010
- Date Updated Dec 17, 2024
Discover a rare opportunity to own a fully occupied 10-unit apartment and 1-unit commercial store building in a vibrant and highly accessible location. Built in 2010, this modern mid-rise spans 12,539 square feet across six stories on a compact 0.06-acre lot. Designated as a Building Class B property and located in an Opportunity Zone, it offers significant tax benefits 421a expires in 2026 and long-term growth potential for investors.
Prime Location with Exceptional Scores
The property’s location delivers unparalleled convenience to residents and commercial tenants alike, boasting remarkable scores:
- Walk Score®: 95 (Walker’s Paradise)
- Transit Score®: 100 (Rider’s Paradise)
- Bike Score®: 79 (Very Bikeable)
Situated near shops, restaurants, public transportation, and bike-friendly infrastructure, this property provides tenants with seamless access to essential services and leisure options.
Premium Residential Features
This property offers ten thoughtfully designed residential units featuring:
- Air conditioning
- Private balconies
- Hardwood floors
- Wheelchair accessibility
- Basement storage
Each unit is independently metered, with tenants paying for their own gas cooking and electric hot water, which minimizes the owner’s operating expenses. The building also includes on-site laundry facilities and an elevator, ensuring a comfortable and convenient living experience.
Additional Revenue Streams
The property generates diverse income, including:
- Five Rentable Storage Rooms: Available, offering additional monthly revenue.
- Commercial Space: A highly desirable ground-floor unit leased for $11,000 per month, with the tenant also covering 25% of the real estate tax. This space is equipped with its own basement storage and four walk-in refrigerators, adding significant stability and value to the investment.
Financial Highlights
Fully leased, this property guarantees immediate cash flow and presents an outstanding opportunity for investors seeking a reliable and diversified income stream. Its prime location, modern amenities, and placement in an Opportunity Zone offer further advantages for long-term growth and financial success.
Don’t miss out on this rare chance to secure a stable, high-performing asset in a thriving market. Contact us today to schedule a viewing and learn more about this exceptional investment opportunity!
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Bronx, NY
- Neighborhood Mott Haven
- Zip Code 10455
- Market Bronx
Points of Interest
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3rd Avenue–149th Street
0.13 miles
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American Base No.1
0.45 miles
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3rd Avenue–138th Street
0.62 miles
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East 143rd Street–Saint Mary’s Street
0.63 miles
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138th Street–Grand Concourse
0.75 miles
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161st Street–Yankee Stadium
1.05 miles
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Yankees–East 153rd Street
1.05 miles
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Intervale Avenue
1.11 miles
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Lenox Avenue & 145th Street at Northeast Corner
1.12 miles
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Lenox Avenue & 145th Street at Southeast Corner
1.13 miles
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BP
0.65 miles
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Mobil
0.69 miles
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Citgo
0.71 miles
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Shell
1.38 miles
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plugNYC
3.10 miles
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ChargePoint
3.23 miles
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FLO
3.71 miles
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Tesla Supercharger
4.13 miles
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Concourse Plaza Garage
0.76 miles
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153rd Street South Lot
0.83 miles
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153rd Street North Lot
0.84 miles
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153rd Street Lot
0.93 miles
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153rd Street Garage
0.98 miles
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Harlem River South Lot
1.09 miles
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River Avenue Garage
1.10 miles
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Commuter Parking
1.11 miles
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Harlem River Lot
1.12 miles
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Kelly Street Parking
1.13 miles
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Opera House Hotel
0.01 miles
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Umbrella Hotel
0.28 miles
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Holiday Inn Express
0.78 miles
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Comfort Inn & Suites
0.79 miles
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Best Western Plus
1.42 miles
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Super 8
1.51 miles
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La Maison d'Art Private Gallery
1.62 miles
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Saint Nicholas Inn
1.74 miles
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St Nicholas Hotel
1.74 miles
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Efuru Guest House
1.86 miles
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Fine Fare
0.04 miles
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ALDI
0.35 miles
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Key Food
0.42 miles
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Pioneer
0.53 miles
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Western Beef
0.60 miles
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C-Town
0.69 miles
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Real
0.74 miles
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Food Bazaar
0.75 miles
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Bronx Terminal Market
0.88 miles
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Target
0.97 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
The Lion Real Estate
CEO/Founder