Mixed-Use
1398 & 1402 Clay Avenue
1398 Clay Ave, Bronx, NY 10456
Listing Price: $3,250,000
Investment Overview
MArcus & Millichap is pleased to offer 1398 & 1402 Clay Avenue an opportunity to acquire a 56-unit mixed-use portfolio in the heart of the Claremont section of the Bronx. 1398 & 1402 Clay Avenue is comprised of 54 residential apartments and two ground-floor retail spaces totaling approximately 38,390 square feet. The residential component consists primarily of one- and two-bedroom apartments with consistent occupancy and reliable collections.
1398 & 1402 Clay Avenue
Investment Highlights
- 1398 & 1402 Clay Avenue, built in 1914, is a 56-unit mixed-use portfolio on spanning approximately 38,390 square feet.
- Tax Class: 2 | Zoning: R7-1 | 95% Rent Stabilized
- Ideally situated adjacent to Claremont Park and just moments from the 170th Street B and D subway station with excellent accessibility to Midtown Manhattan.
Listing Price: $3,250,000
Investment Highlights
- 1398 & 1402 Clay Avenue, built in 1914, is a 56-unit mixed-use portfolio on spanning approximately 38,390 square feet.
- Tax Class: 2 | Zoning: R7-1 | 95% Rent Stabilized
- Ideally situated adjacent to Claremont Park and just moments from the 170th Street B and D subway station with excellent accessibility to Midtown Manhattan.
Investment Overview
MArcus & Millichap is pleased to offer 1398 & 1402 Clay Avenue an opportunity to acquire a 56-unit mixed-use portfolio in the heart of the Claremont section of the Bronx. 1398 & 1402 Clay Avenue is comprised of 54 residential apartments and two ground-floor retail spaces totaling approximately 38,390 square feet. The residential component consists primarily of one- and two-bedroom apartments with consistent occupancy and reliable collections.
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