Multifamily
Purdy Street Portfolio
1321 Purdy St, Bronx, NY 10462
Listing Price: $5,700,000
Investment Overview
The NYM Group at Marcus & Millichap is pleased to offer the following opportunity located in the Parkchester neighborhood of the Bronx. 1321,1323 & 1325 Purdy Street provides investors with a unique opportunity to acquire a meticulously maintained, fully free market property in the Bronx from the original builder. Located on a quiet, tree lined block off Westchester Ave, these buildings are a short walk to the Castle Hill Avenue 6 train. All three properties were not built with any tax abatement program and therefore are statutorily free market with tenants being responsible for paying heat & hot water.
Purdy Street Portfolio
Investment Highlights
- 24 units across 3 buildings – built in 2004 with no tax abatement Statutorily free market buildings with minimal violations
- Owned by original builder – first time on market since 2004 Tenants pay for own heat & hot water - $0 landlord responsibility
- Not subject to Local Law 1 – No Lead Walking distance to the Castle Hill 6 train
Exclusively Listed By
Financing By
Listing Price: $5,700,000
Investment Highlights
- 24 units across 3 buildings – built in 2004 with no tax abatement Statutorily free market buildings with minimal violations
- Owned by original builder – first time on market since 2004 Tenants pay for own heat & hot water - $0 landlord responsibility
- Not subject to Local Law 1 – No Lead Walking distance to the Castle Hill 6 train
Investment Overview
The NYM Group at Marcus & Millichap is pleased to offer the following opportunity located in the Parkchester neighborhood of the Bronx. 1321,1323 & 1325 Purdy Street provides investors with a unique opportunity to acquire a meticulously maintained, fully free market property in the Bronx from the original builder. Located on a quiet, tree lined block off Westchester Ave, these buildings are a short walk to the Castle Hill Avenue 6 train. All three properties were not built with any tax abatement program and therefore are statutorily free market with tenants being responsible for paying heat & hot water.
Exclusively Listed By
Financing By
