Multifamily
1081 Teller Avenue
1081 Teller Ave, Bronx, NY 10456
Listing Price: $750,000
Investment Overview
Marcus and Millichap is pleased to offer 1081 Teller Avenue, located in the lively neighborhood of Concourse Village. Situated between 166th Street and 165th Street, this asset has been professionally managed by the same ownership group for nearly 7 years. Spanning 7,360 square feet across four stories, 1081 Teller Avenue is composed of 8 units total. Offered at $93,750 per unit, this turn-key investment enables owners to achieve steady income throughout the entire holding period. The property benefits from a prime location near the 167th Street 4 train, the Metro-North railroad in Melrose, Claremont Neighborhood Garden Park, and Grand Concourse Highway.
1081 Teller Avenue
Investment Highlights
- 1081 Teller Avenue, spans 4 stories, 8 units, approx. 7360 SF
- 7.3% Cap Rate | 5.8x GRM | $102 Per Sqft | $93,750 Per Unit
- 1081 Teller Avenue is well-located in proximity to the 167th Street 4 train, the Metro-North railroad in Melrose, Claremont Neighborhood Garden Park, and Grand Concourse Highway.
Exclusively Listed By
Financing By
Listing Price: $750,000
Investment Highlights
- 1081 Teller Avenue, spans 4 stories, 8 units, approx. 7360 SF
- 7.3% Cap Rate | 5.8x GRM | $102 Per Sqft | $93,750 Per Unit
- 1081 Teller Avenue is well-located in proximity to the 167th Street 4 train, the Metro-North railroad in Melrose, Claremont Neighborhood Garden Park, and Grand Concourse Highway.
Investment Overview
Marcus and Millichap is pleased to offer 1081 Teller Avenue, located in the lively neighborhood of Concourse Village. Situated between 166th Street and 165th Street, this asset has been professionally managed by the same ownership group for nearly 7 years. Spanning 7,360 square feet across four stories, 1081 Teller Avenue is composed of 8 units total. Offered at $93,750 per unit, this turn-key investment enables owners to achieve steady income throughout the entire holding period. The property benefits from a prime location near the 167th Street 4 train, the Metro-North railroad in Melrose, Claremont Neighborhood Garden Park, and Grand Concourse Highway.
Exclusively Listed By
Financing By
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