2665 Grand Concourse
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2665 Grand Concourse
113 Unit Apartment Building $12,500,000 ($110,619/Unit) 7.67% Cap Rate Bronx, NY 10468
Investment Highlights
- 40- camera security system.
- Apartments feature high ceilings and recent renovations.
Executive Summary
This nine-story brick building comprises 113 residential apartments (including two rooftop penthouse suites), one office and three
commercial spaces. It is situated at the northwest corner of the Grand Concourse and Kingsbridge Road in the Fordham section of The Bronx.
commercial spaces. It is situated at the northwest corner of the Grand Concourse and Kingsbridge Road in the Fordham section of The Bronx.
Property Facts
| Price | $12,500,000 | Apartment Style | Mid Rise |
| Price Per Unit | $110,619 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.52 AC |
| Cap Rate | 7.67% | Building Size | 121,806 SF |
| No. Units | 113 | No. Stories | 9 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment |
| Price | $12,500,000 |
| Price Per Unit | $110,619 |
| Sale Type | Investment |
| Cap Rate | 7.67% |
| No. Units | 113 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 121,806 SF |
| No. Stories | 9 |
| Year Built | 1922 |
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Walk Score ®
Walker's Paradise (96)
Transit Score ®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 03314-0065 | Improvements Assessment | $1,751,670 |
| Land Assessment | $248,850 | Total Assessment | $2,000,520 |
PROPERTY TAXES
Parcel Number
03314-0065
Land Assessment
$248,850
Improvements Assessment
$1,751,670
Total Assessment
$2,000,520
zoning
| Zoning Code | R8 (Residential) |
| R8 (Residential) |
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Marco Lala -
Jack Lala -
David Raciti -
Michelle Lala -
RM Friedland
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2665 Grand Concourse
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