Multifamily
1234 Fulton Avenue
1234 Fulton Ave, Bronx, NY 10456
Listing Price: $925,000
Investment Overview
Marcus and Millichap is pleased to offer 1234 Fulton Avenue, located in the lively neighborhood of Morrisania. Situated between 168th Street and 169th Street, this asset has been professionally managed by the same ownership group for nearly 7 years. Spanning 6,192 square feet across four stories, 1234 Fulton Avenue is composed of 8 units total. Offered at 6.2x GRM, this turn-key investment enables owners to achieve steady income throughout the entire hold period. The property benefits from a prime location near the Bronx-Lebanon Hospital Center, Author's Academy, Drew Playground, with convenient access to the 167th Street B & D Lines.
1234 Fulton Avenue
Investment Highlights
- 1234 Fulton Avenue, built in 1920, is a 8-unit walk-up comprising of 1 one-bedroom apartment and 7 two-bedroom apartments.
- 8.6% Cap Rate | 6.2x GRM | $149 Per Sqft | $115,625 Per Unit.
- 1234 Fulton Avenue is well located in close proximity to the Bronx-Lebanon Hospital Center, Author's Academy, Drew Playground, with convenient access to the 167th Street B & D Lines.
Exclusively Listed By
Financing By
Listing Price: $925,000
Investment Highlights
- 1234 Fulton Avenue, built in 1920, is a 8-unit walk-up comprising of 1 one-bedroom apartment and 7 two-bedroom apartments.
- 8.6% Cap Rate | 6.2x GRM | $149 Per Sqft | $115,625 Per Unit.
- 1234 Fulton Avenue is well located in close proximity to the Bronx-Lebanon Hospital Center, Author's Academy, Drew Playground, with convenient access to the 167th Street B & D Lines.
Investment Overview
Marcus and Millichap is pleased to offer 1234 Fulton Avenue, located in the lively neighborhood of Morrisania. Situated between 168th Street and 169th Street, this asset has been professionally managed by the same ownership group for nearly 7 years. Spanning 6,192 square feet across four stories, 1234 Fulton Avenue is composed of 8 units total. Offered at 6.2x GRM, this turn-key investment enables owners to achieve steady income throughout the entire hold period. The property benefits from a prime location near the Bronx-Lebanon Hospital Center, Author's Academy, Drew Playground, with convenient access to the 167th Street B & D Lines.
Exclusively Listed By
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.