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Arthur-Hoffman-Lorillard Student Housing

3 Properties Offered at $30,750,000 in Bronx, NY

Investment Highlights

  • All three properties represent turn-key investment opportunities.
  • Portfolio featuring a total of 3 retail units, 1 garage unit, 46 student housing units, and 120 beds.
  • 100% occupancy rates, market-rate rents, modern finishes, and low-maintenance requirements.
  • Located just 0.2 miles (a 5-minute walk) from campus in the heart of Belmont’s vibrant Little Italy neighborhood.

Executive Summary

Stonefield Real Estate has been exclusively retained to sell a unique portfolio of three off-campus student housing properties serving Fordham University’s Rose Hill Campus. These properties—2415 Arthur Avenue, 2406 Hoffman Street, and 2416 Lorillard Place—are located just 0.2 miles (a 5-minute walk) from campus in the heart of Belmont’s vibrant Little Italy neighborhood. Together, they create a cohesive student housing portfolio featuring a total of 3 retail units, 1 garage unit, 46 student housing units, and 120 beds

Property Facts

Price $30,750,000
Price / SF $426.00 / SF
Cap Rate 6%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 72,183 SF
Total Land Area 0.47 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Artu Viale
2409-2415 Arthur Ave, Bronx, NY 10458
41,232 SF 2017 -
2406 Hoffman St, Bronx, NY 10458 22,451 SF 2021 -
2416 Lorillard Pl, Bronx, NY 10458 Multifamily 8,500 SF 1927 -
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  • Listing ID: 34226632

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: Arthur-Hoffman-Lorillard Student Housing, Bronx, NY

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