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Multifamily

1326 Commonwealth Ave

1326 Commonwealth Ave, Bronx, NY 10472

Listing Price: $6,350,000

Cap Rate
5.20%
Number of Units
49
Price/Unit
$129,592
Price/Gross SF
$178.25
Gross SF
35,624

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity in the Soundview submarket of the Bronx. 1326 Commonwealth Avenue is a well maintained 49-unit elevator building located between East 174th Street & East 172nd Street. This asset has been family owned for 15 years and provides the market with upside through 95,000 of preferential rents annually. The building is 35,624 total square feet and is composed of 39 one-bedroom units & 10 two-bedroom units.

Investment Highlights

  • 1326 Commonwealth Avenue is a well maintained 49-unit elevator building located between East 174th Street & East 172nd Street.
  • This asset has been family owned for 15 years and provides the market with upside through 95,000 of preferential rents annually.
  • The building is 35,624 total square feet and is composed of 39 one-bedroom units & 10 two-bedroom units.

Exclusively Listed By

Financing By

Multifamily

1326 Commonwealth Ave

Listing Price: $6,350,000

Cap Rate
5.20%
Number of Units
49
Price/Unit
$129,592
Price/Gross SF
$178.25
Gross SF
35,624

Investment Highlights

  • 1326 Commonwealth Avenue is a well maintained 49-unit elevator building located between East 174th Street & East 172nd Street.
  • This asset has been family owned for 15 years and provides the market with upside through 95,000 of preferential rents annually.
  • The building is 35,624 total square feet and is composed of 39 one-bedroom units & 10 two-bedroom units.

Investment Overview

Marcus & Millichap is pleased to offer the following opportunity in the Soundview submarket of the Bronx. 1326 Commonwealth Avenue is a well maintained 49-unit elevator building located between East 174th Street & East 172nd Street. This asset has been family owned for 15 years and provides the market with upside through 95,000 of preferential rents annually. The building is 35,624 total square feet and is composed of 39 one-bedroom units & 10 two-bedroom units.

Exclusively Listed By

Financing By

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