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Multifamily

377 E 153rd St

377 E 153rd St, Bronx, NY 10455

Listing Price: $3,950,000

Cap Rate
5.10%
Number of Units
26
Price/Unit
$151,923
Price/Gross SF
$235.93
Gross SF
16,742

Investment Overview

The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity at 377 East 153rdStreet. The property is located between Courtlandt and Melrose Ave in the Melrose section of the Bronx. The building sits on a 37.5 x 100’ lot spanning 16,742 square feet and consists of 26 residential units. East 153rd street make up consists of three (3) one-bedroom units, thirteen (13) two-bedroom units and ten (10) three-bedroom units. Centrally located to schools, supermarkets, medical facilities, and the 2/5 subway lines at the 3rdAvenue subway terminal.

Investment Highlights

  • 26 unit walk up building in prime area of Melrose Asking $151,923/unit or $236psf
  • Brand new burner & security systems throughout building $56,712 of preferential rents annually
  • Close proximity to Lincoln Hospital, Yankee Stadium & the 2/4/5 subways

Exclusively Listed By

Financing By

Multifamily

377 E 153rd St

Listing Price: $3,950,000

Cap Rate
5.10%
Number of Units
26
Price/Unit
$151,923
Price/Gross SF
$235.93
Gross SF
16,742

Investment Highlights

  • 26 unit walk up building in prime area of Melrose Asking $151,923/unit or $236psf
  • Brand new burner & security systems throughout building $56,712 of preferential rents annually
  • Close proximity to Lincoln Hospital, Yankee Stadium & the 2/4/5 subways

Investment Overview

The New York Multifamily Team at Marcus & Millichap is pleased to offer the following opportunity at 377 East 153rdStreet. The property is located between Courtlandt and Melrose Ave in the Melrose section of the Bronx. The building sits on a 37.5 x 100’ lot spanning 16,742 square feet and consists of 26 residential units. East 153rd street make up consists of three (3) one-bedroom units, thirteen (13) two-bedroom units and ten (10) three-bedroom units. Centrally located to schools, supermarkets, medical facilities, and the 2/5 subway lines at the 3rdAvenue subway terminal.

Exclusively Listed By

Financing By

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