$6,500,000 USD
Commercial for Sale, 772 E 182nd Street, New York, New York 10460
- MLS#1001934
Listed By S10 Realty Group LLC
The Commercial Property for Sale located at 772 E 182nd Street, New York, New York 10460 is currently for sale. 772 E 182nd Street, New York, New York 10460 is listed for $6,500,000.
Property features
Property
- Features: Elevators
Construction
- Year built: 2023
- Construction: Brick
Heating and Cooling
- Heating system: Electric
Utilities
- Other utilities: Electricity - Within The Premises
Description
Prime Bronx new construction multifamily investment opportunity. Built in 2022, this 7-story elevator building consists of 18 Rent Stabilized. units and benefits from a 32-year tax abatement. The property offers strong in-place cash flow with approximately 8% CAP RATE and minimal deferred maintenance due to recent construction.
Located in the heart of the Bronx near Bronx Zoo, New York Botanical Garden, Fordham University, and the Fordham Road commercial corridor. Convenient access to public transportation, retail, dining, and major neighborhood amenities.
Location
772 E 182nd Street, New York, New York 10460