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Webster Avenue Bronx

2 Multifamily Properties Offered at $3,800,000 in Bronx, NY

Investment Highlights

  • Bronx Portfolio
  • Walking distance to the B & D subway lines
  • 9.88% CAP

Executive Summary

Safdie Realty Group has been exclusively retained to sell 2408 & 2420 Webster Avenue. The subject properties are located between East 187th Street & East 188th Street in Belmont, Bronx. The properties offer 16 apartments, eight in each building with a mix of free market & rent stabilized apartments. The properties combine offer approximately 18,573 square feet & 27,124 square feet of air rights R7-1 Zoning. The properties are located within walking distance to the B & D subway lines.

Property Facts

Price $3,800,000
Price / SF $204.60 / SF
Cap Rate 9.88%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 18,573 SF
Total Land Area 0.18 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2420 Webster Ave, Bronx, NY 10458 Multifamily 9,333 SF 1915 -
2408 Webster Ave, Bronx, NY 10458 Multifamily 9,240 SF 1909 -
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  • Listing ID: 33043663

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: Webster Avenue Bronx, Bronx, NY

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