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Artu' Viale Portfolio

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

Please visit the "Artu' Viale Portfolio - Confidentiality Agreement & Property Profile" link below to access the Offering Memorandum.
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.
• 2415 Arthur Avenue: A newly constructed, 6-story building spanning approximately 41,232 square feet, featuring 3 retail units and 32 student housing units with a total of 73 beds.
• 2406 Hoffman Street: A newly constructed, 6-story building encompassing approximately 22,451 square feet, including 1 garage unit and 10 student housing units with 30 beds. Positioned back-to-back with 2415 Arthur Avenue, the two buildings are connected via a second-floor skybridge.
• 2416 Lorillard Place: A 3-story building covering approximately 8,500 square feet, housing 4 student housing units with 17 beds.
Located just one block away, this property complements the other two as part of the broader portfolio. All three properties represent turn-key investment opportunities, boasting 100% occupancy rates, market-rate rents, modern finishes, and low-maintenance requirements. The fully furnished units include a full-size bed, dresser, nightstand, mattress, desk, chair, dining table, full kitchen, TV, and complimentary Wi-Fi.
2415 Arthur Avenue and 2406 Hoffman Street are seamlessly integrated through a second-floor skybridge and their back-to-back positioning. 2416 Lorillard Place, a block away, offers additional high-quality housing to this student-focused portfolio. Residents of all three properties have access to the amenities offered at 2415 Arthur Avenue, enhancing the appeal of this well-located and high performing student housing portfolio.

Property Facts

Price $30,750,000
Price / SF $426.00 / SF
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
Multifamily 41,232 SF 2017 -
2416 Lorillard Pl, Bronx, NY 10458 Multifamily 8,500 SF 1927 -
2406 Hoffman St, Bronx, NY 10458 22,451 SF 2021 -
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  • Listing ID: 34226632

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: Artu' Viale Portfolio, Bronx, NY

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