3459 DEKAIB AVE BRONX NY 10467 26 UNIT APARTMENT BUILDING FOR SALE

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Title
Broker, Commercial Director
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Affiliated Company
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3459 Dekaib Avenue Bronx New York 10467

Building/Land Information
Property Type
Multifamily
Property Subtype
Mid-Rise
Building Size (SF)
18500.00SF
Number of Units
26
Property Classification Description
Apartment House (5+ units)
Zoning
R7-1
Building Height
5 Stories
3459 DEKAIB AVE BRONX NY 10467 26 UNIT APARTMENT BUILDING FOR SALE
Sale Price Dollars
Inquire for pricing
Description
18,5000 SF Multi family building sits on a 5,000 square foot lot. It is a five-story building constructed in 1922, comprising 26 residential units. The property is zoned R7-1, which typically allows for medium-density residential development. Property is situated in the Norwood neighborhood, it offers excellent access to public transportation, making it a convenient location for residents.
Location Description
These high-density city neighborhoods are characterized by a relatively young foreign-born population who have embraced the American lifestyle, yet retained their cultural integrity. To support their lifestyle, City Strivers residents commute long distances to find work in the service, healthcare, or retail industry. Their hard-earned wages and salary income goes toward relatively high rents in older multiunit buildings. Single parents rely on this close-knit community to provide invaluable support while they work. City Strivers consumers are bold in their purchasing decisions; they seek out deals on branded clothing, sometimes indulge in restaurants and personal services, and splurge on their cable TV package.

Densely populated neighborhoods located primarily in New York, Boston, Washington, or Chicago. Primarily renters living in older, multiunit structures built before 1950; smaller buildings with 2–4 units the most popular in this market; relatively high rental rates at more than $1,100 monthly. A blend of family households, married couples and single parents with younger or adult children, as well as single-person households; average household size 2.78. Work outside their county of residence, with almost one-fourth commuting 60 or more minutes to work; average travel time to work of 38 minutes the highest of any Tapestry market; use of public transportation common.

Sale Information

Sale Description
10 - 2 Bed 1 Bath
16 - 1 Bed 1 Bath
Number of Lots
1
Power
Gas / Propane
Sewer
Water
Property Use
Investment

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** Information contained in this CRE Collaborative Inc. Property Page has been compiled from various sources, all of which may not be completely accurate. CRE Collaborative Inc. makes no warranty or representation as to the accuracy of this information. All information that influences a decision to transact any property should be independently verified by all parties. All rights reserved. **

 

 

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