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Multifamily

Bronx Portfolio

1398 Clay Ave, Bronx, NY 10456

Listing Price: $3,250,000

Cap Rate
5.37%
Number of Units
25
Price/Unit
$130,000
Price/Gross SF
$195.90
Gross SF
16,590

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the sale of 1398 Clay Avenue Bronx New York, ( Block #887 & Lot #84 ) Zoned R7-1. The subject property is a six story walkup residential building with a total of 25 residential apartments. The building size is approximately 16,590 SF with dimensions of 41 FT X 98 FT. The property is located a long Clay Avenue facing Claremont Park. Long term ownership , well maintained building.

Investment Highlights

  • 25 Residential Unit Six Story Walkup Building
  • Long Term Ownership, Well Maintained Building
  • Most of the Units Have Been Renovated

Exclusively Listed By

Financing By

Multifamily

Bronx Portfolio

Listing Price: $3,250,000

Cap Rate
5.37%
Number of Units
25
Price/Unit
$130,000
Price/Gross SF
$195.90
Gross SF
16,590

Investment Highlights

  • 25 Residential Unit Six Story Walkup Building
  • Long Term Ownership, Well Maintained Building
  • Most of the Units Have Been Renovated

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the sale of 1398 Clay Avenue Bronx New York, ( Block #887 & Lot #84 ) Zoned R7-1. The subject property is a six story walkup residential building with a total of 25 residential apartments. The building size is approximately 16,590 SF with dimensions of 41 FT X 98 FT. The property is located a long Clay Avenue facing Claremont Park. Long term ownership , well maintained building.

Exclusively Listed By

Financing By

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