Multifamily
722 St Lawrence Ave
722 St Lawrence Ave, The Bronx, NY 10473
Listing Price: $5,400,000
Investment Overview
THE OFFERING
Marcus & Millichap is pleased to offer the following opportunity located in the Soundview/Castle Hill submarket of the Bronx. 722 St. Lawrence Avenue is a newly constructed, 17-unit walk-up building located right off on Soundview Avenue between Lafayette & Seward Ave. St Lawrence is composed of 10 studios, 6 one-bedrooms and 1 community facility with 6 parking spaces in the rear of the building. Tenants are responsible for their own utilities, excluding hot water, offering investors the opportunity to acquire a brand-new, turn-key asset with a low expenses. The Building benefits from the 485X tax abatement program and will be delivered 100% vacant at closing.
THE OPPORTUNITY
The Building: 722 St. Lawrence Avenue is a newly constructed, 17-unit walk-up building located right off on Soundview Avenue between Lafayette & Seward Ave
Unit Composition: The Building is composed of 10 studios, 6 one-bedrooms and 1 community facility with 6 parking spaces in the rear of the building
Low Taxes: St. Lawrence benefits from the 485X tax abatement program and will have an annual tax bill of ~$5,258
Investment Highlights
- The Building: 722 St. Lawrence Avenue is a newly constructed, 17-unit walk-up building located right off on Soundview Avenue between Lafayette & Seward Ave
- Unit Composition: The Building is composed of 10 studios, 6 one-bedrooms and 1 community facility with 6 parking spaces in the rear of the building
- Low Taxes: St. Lawrence benefits from the 485X tax abatement program and will have an annual tax bill of ~$5,258
Exclusively Listed By
Listing Price: $5,400,000
Investment Highlights
- The Building: 722 St. Lawrence Avenue is a newly constructed, 17-unit walk-up building located right off on Soundview Avenue between Lafayette & Seward Ave
- Unit Composition: The Building is composed of 10 studios, 6 one-bedrooms and 1 community facility with 6 parking spaces in the rear of the building
- Low Taxes: St. Lawrence benefits from the 485X tax abatement program and will have an annual tax bill of ~$5,258
Investment Overview
THE OFFERING Marcus & Millichap is pleased to offer the following opportunity located in the Soundview/Castle Hill submarket of the Bronx. 722 St. Lawrence Avenue is a newly constructed, 17-unit walk-up building located right off on Soundview Avenue between Lafayette & Seward Ave. St Lawrence is composed of 10 studios, 6 one-bedrooms and 1 community facility with 6 parking spaces in the rear of the building. Tenants are responsible for their own utilities, excluding hot water, offering investors the opportunity to acquire a brand-new, turn-key asset with a low expenses. The Building benefits from the 485X tax abatement program and will be delivered 100% vacant at closing. THE OPPORTUNITY The Building: 722 St. Lawrence Avenue is a newly constructed, 17-unit walk-up building located right off on Soundview Avenue between Lafayette & Seward Ave Unit Composition: The Building is composed of 10 studios, 6 one-bedrooms and 1 community facility with 6 parking spaces in the rear of the building Low Taxes: St. Lawrence benefits from the 485X tax abatement program and will have an annual tax bill of ~$5,258
Exclusively Listed By

