Contacts
Victor Sozio
Ariel Property Advisors
Jason M. Gold
Ariel Property Advisors
Daniel Mahfar
Ariel Property Advisors
Shimon Shkury
Ariel Property Advisors
Property Details
- Property Type Multi-Family
- Property Size 57,408 SF
- Units 84
- Additional Rent Contact for pricing
- Date Updated May 10, 2022
Ariel Property Advisors has been retained on an exclusive basis to sell 643-647 Cauldwell Avenue in the Longwood section of the South Bronx.
643-647 Cauldwell Avenue are a pair of adjacent multifamily buildings consisting of a total of 84 residential units and grossing 57,408 square feet. The residential unit mix comprises of 47 one-bedrooms, 33 two-bedrooms, and 4 three-bedrooms. The package benefits from a J-51 tax abatement/exemption on each of the buildings, which provides investors minimal taxes for the foreseeable future. The J-51 exemption is set to expire in 2033.
643-647 Cauldwell Avenue’s location provides easy access to Bruckner Expressway, Robert F. Kennedy bridge, and 278. The property is in close proximity to the 2 and 5 subway stops. The package is conveniently located in the rapidly growing South Bronx with institutional investors and tenants increasing their presence in the area such as Amazon, Fresh Direct, Manhattan Beer Distributors and York Movie Studios. Other major on-going and completed projects are The Arch’s, a pair of 25-story towers on the Harlem River consisting of 483 units, and Brookfield’s Bankside, which is comprised of 1,350 units that will change the skyline of the emerging South Bronx.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
90/100
Walk Score ®
-
100/100
Transit Score ®
-
64/100
Bike Score ®
Location
- City Bronx, NY
- Neighborhood Woodstock
- Zip Code 10455
Points of Interest
-
American Base No.1
0.33 miles
-
3rd Avenue–149th Street
0.40 miles
-
East 143rd Street–Saint Mary’s Street
0.59 miles
-
Intervale Avenue
0.79 miles
-
3rd Avenue–138th Street
0.94 miles
-
Southern Boulevard (exit only)
1.00 miles
-
138th Street–Grand Concourse
1.07 miles
-
161st Street–Yankee Stadium
1.14 miles
-
Yankees–East 153rd Street
1.23 miles
-
Lenox Avenue & 145th Street at Northeast Corner
1.39 miles
-
BP
0.77 miles
-
Citgo
0.81 miles
-
Mobil
0.92 miles
-
plugNYC
3.35 miles
-
ChargePoint
3.52 miles
-
FLO
4.03 miles
-
Tesla Supercharger
4.44 miles
-
Kelly Street Parking
0.81 miles
-
Concourse Plaza Garage
0.81 miles
-
P & P Car Parking
0.95 miles
-
153rd Street South Lot
1.04 miles
-
153rd Street North Lot
1.05 miles
-
Little Man Parking
1.10 miles
-
153rd Street Lot
1.11 miles
-
153rd Street Garage
1.14 miles
-
River Avenue Garage
1.16 miles
-
Gerard Avenue Lot
1.22 miles
-
Umbrella Hotel
0.30 miles
-
Opera House Hotel
0.32 miles
-
Holiday Inn Express
1.06 miles
-
Comfort Inn & Suites
1.11 miles
-
Super 8
1.20 miles
-
Best Western Plus
1.53 miles
-
St Nicholas Hotel
1.92 miles
-
Saint Nicholas Inn
1.92 miles
-
La Maison d'Art Private Gallery
1.93 miles
-
Hotel
2.12 miles
-
ALDI
0.26 miles
-
Fine Fare
0.29 miles
-
Real
0.41 miles
-
Key Food
0.41 miles
-
C-Town
0.47 miles
-
Food Bazaar
0.79 miles
-
Pioneer
0.84 miles
-
Western Beef
0.92 miles
-
Bronx Terminal Market
1.10 miles
-
Target
1.17 miles
In-Depth Research Available for this Property
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.
