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Multifamily

300 E 159th St

300 E 159th St, Bronx, NY 10451

Listing Price: $3,250,000

Cap Rate
6.65%
Number of Units
21
Occupancy
95.0%
Price/Unit
$154,762
Price/Gross SF
$277.19
Gross SF
11,725

Investment Overview

Marcus & Millichap is pleased to offer 300 East 159th Street, located in Melrose Section of the Bronx, and contains 21 units with a gross square footage of 11,725 SF. The building is built 2,971 SF Lot (Block: 2418 & Lot: 8). The property is zoned R7-2.

Investment Highlights

  • 21 Unit Walkup Building
  • Mix of One BR and Two BR with New Security System
  • High Legal Rents Registered with DHCR
  • New Plumbing New Roof

Exclusively Listed By

Financing By

Multifamily

300 E 159th St

Listing Price: $3,250,000

Cap Rate
6.65%
Number of Units
21
Occupancy
95.0%
Price/Unit
$154,762
Price/Gross SF
$277.19
Gross SF
11,725

Investment Highlights

  • 21 Unit Walkup Building
  • Mix of One BR and Two BR with New Security System
  • High Legal Rents Registered with DHCR
  • New Plumbing New Roof

Investment Overview

Marcus & Millichap is pleased to offer 300 East 159th Street, located in Melrose Section of the Bronx, and contains 21 units with a gross square footage of 11,725 SF. The building is built 2,971 SF Lot (Block: 2418 & Lot: 8). The property is zoned R7-2.

Exclusively Listed By

Financing By

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