Skip to main content

Mixed-Use

Bronx Portfolio

1402 Clay Ave, Bronx, NY 10456

Listing Price: $4,750,000

Cap Rate
5.75%
Number of Units
29
Occupancy
100.0%
Price/Unit
$163,793
Price/Gross SF
$217.89
Gross SF
21,800

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the sale of 1398 Clay Avenue Bronx New York, ( Block #2887 & Lot # 86) Zoned R7-1. The subject property is a six story walkup mixed use building with a total of 29 residential apartments and 2 retail stores. The building size is approximately 21,800 SF with dimensions of 54 FT X 98 FT. The property is located a long Clay Avenue facing Claremont Park. Long term ownership , well maintained building.

Investment Highlights

  • 29 Residential Units Over 2 Stores Mix Use Building
  • Long Term Ownership, Well Maintained Building
  • Most of the Units Have Been Renovated

Exclusively Listed By

Financing By

Mixed-Use

Bronx Portfolio

Listing Price: $4,750,000

Cap Rate
5.75%
Number of Units
29
Occupancy
100.0%
Price/Unit
$163,793
Price/Gross SF
$217.89
Gross SF
21,800

Investment Highlights

  • 29 Residential Units Over 2 Stores Mix Use 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 #2887 & Lot # 86) Zoned R7-1. The subject property is a six story walkup mixed use building with a total of 29 residential apartments and 2 retail stores. The building size is approximately 21,800 SF with dimensions of 54 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

MM Texture Background
MM Textured Background Lower