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Multifamily

Bronx Portfolio

3560 Olinville Ave, Bronx, NY 10467

Listing Price: $15,500,000

Cap Rate
5.22%
Number of Units
85
Occupancy
99.0%
Price/Unit
$182,353
Price/Gross SF
$195.96
Gross SF
79,098

Investment Overview

Marcus & Millichap is pleased to offer for sale on exclusive basis 3560 Olinville Avenue, Bronx, New York (Block #4642 & Lot #33). The subject property is six story elevator building, with a total of 85 units, the building size is approximately 79,098 SF with dimensions of 200 FT X 95 FT. The property is located along Olinville Avenue between E 213 and E 211 Street with a very close proximity to the (2 & 5) Gun HIll Road subway station. Long term ownership for over 40 years.

Investment Highlights

  • 85 Unit Elevator Building
  • Property Well Managed
  • Currently Converted to Gas Heat
  • Strong Rental Market

Exclusively Listed By

Financing By

Multifamily

Bronx Portfolio

Listing Price: $15,500,000

Cap Rate
5.22%
Number of Units
85
Occupancy
99.0%
Price/Unit
$182,353
Price/Gross SF
$195.96
Gross SF
79,098

Investment Highlights

  • 85 Unit Elevator Building
  • Property Well Managed
  • Currently Converted to Gas Heat
  • Strong Rental Market

Investment Overview

Marcus & Millichap is pleased to offer for sale on exclusive basis 3560 Olinville Avenue, Bronx, New York (Block #4642 & Lot #33). The subject property is six story elevator building, with a total of 85 units, the building size is approximately 79,098 SF with dimensions of 200 FT X 95 FT. The property is located along Olinville Avenue between E 213 and E 211 Street with a very close proximity to the (2 & 5) Gun HIll Road subway station. Long term ownership for over 40 years.

Exclusively Listed By

Financing By

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