987 Ogden Ave | Bronx, NY 10452
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987 Ogden Ave
Bronx, NY 10452
Multifamily Property For Sale · 28 Units
Executive Summary
RIPCO INVESTMENT SALES has been hired exclusively to arrange for the sale of two contiguous buildings located at 987-989 OGDEN AVENUE — spanning 150’ wide across a 4-story walkup apartment building consisting of 28 units totaling 18,983 GSF. All 28 units were built under “Old 421a” program, renting at market rate but subject to HPD rent guidelines.
PROPERTY FACTS
| Price Per Unit | $207,143 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 7.13% | Building Size | 18,983 SF |
| No. Units | 28 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid Rise |
| Price Per Unit | $207,143 |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 18,983 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Opportunity Zone |
Yes |
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | $1,622 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $830,250 | |
| Land Assessment | $232,200 | Total Assessment | $1,062,450 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$232,200
Improvements Assessment
$830,250
Total Assessment
$1,062,450
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