Multifamily
3464 Knox Place
3464 Knox Pl, The Bronx, NY 10467
Listing Price: $9,000,000
Investment Overview
Marcus & Millichap is pleased to offer the following opportunity in one of the most sought-after neighborhoods in the Bronx. 3464 Knox Place is situated in prime Norwood between Gates & Jerome Ave, right off East Mosholu Parkway North and a short walk from Montefiore Medical Center. Encompassing 73 apartments, this elevator building spans 82,500 square feet with 175’ feet of frontage. The asset has been professionally managed, owned and operated by the same family for over 35 years, offering investors a unique opportunity to acquire a legacy asset with immediate economies of scale in a highly desirable submarket of the Bronx. 3464 Knox Place is a meticulously maintained elevator building and has recently benefited from a complete elevator modernization, dual-fuel burner and has had approximately* 61 of 73 apartments gut renovated down to the beams. Knox place is composed of 39 one, 21 two & 13 three-bedroom apartments offering future rental upside though a $631,317 preferential rent delta of actual vs DHCR legal registered rents. 3464 Knox Place is conveniently located near the Mosholu Park 4 train, the Norwood & Grand Concourse B & D trains, Montefiore Hospital, Lehman College, Fordham University, Van Courtlandt Park & Mosholu Golf Course, Williamsbridge Oval Recreation Center, The Bronx Zoo, The New York Botanical Garden & much more.?
3464 Knox Place
Investment Highlights
- 3464 Knox place spans 82,500 square feet with a favorable unit mix of 9 one, 21 two & 13 three-bedroom apartments.
- Knox Place is a meticulously maintained 73-unit elevator building located in prime Norwood, a short walk from Montefiore Medical Campus.??
- 3464 Knox Place is conveniently located near the Mosholu Park 4 train, the Norwood & Grand Concourse B & D trains, Fordham University, The Bronx Zoo, The New York Botanical Gardens, and more.
Exclusively Listed By
Financing By
Listing Price: $9,000,000
Investment Highlights
- 3464 Knox place spans 82,500 square feet with a favorable unit mix of 9 one, 21 two & 13 three-bedroom apartments.
- Knox Place is a meticulously maintained 73-unit elevator building located in prime Norwood, a short walk from Montefiore Medical Campus.??
- 3464 Knox Place is conveniently located near the Mosholu Park 4 train, the Norwood & Grand Concourse B & D trains, Fordham University, The Bronx Zoo, The New York Botanical Gardens, and more.
Investment Overview
Marcus & Millichap is pleased to offer the following opportunity in one of the most sought-after neighborhoods in the Bronx. 3464 Knox Place is situated in prime Norwood between Gates & Jerome Ave, right off East Mosholu Parkway North and a short walk from Montefiore Medical Center. Encompassing 73 apartments, this elevator building spans 82,500 square feet with 175’ feet of frontage. The asset has been professionally managed, owned and operated by the same family for over 35 years, offering investors a unique opportunity to acquire a legacy asset with immediate economies of scale in a highly desirable submarket of the Bronx. 3464 Knox Place is a meticulously maintained elevator building and has recently benefited from a complete elevator modernization, dual-fuel burner and has had approximately* 61 of 73 apartments gut renovated down to the beams. Knox place is composed of 39 one, 21 two & 13 three-bedroom apartments offering future rental upside though a $631,317 preferential rent delta of actual vs DHCR legal registered rents. 3464 Knox Place is conveniently located near the Mosholu Park 4 train, the Norwood & Grand Concourse B & D trains, Montefiore Hospital, Lehman College, Fordham University, Van Courtlandt Park & Mosholu Golf Course, Williamsbridge Oval Recreation Center, The Bronx Zoo, The New York Botanical Garden & much more.?
Exclusively Listed By
Financing By
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