Map of Property

The Fteley Avenue Portfolio

943 Fteley Ave, Bronx, NY 10473

  • For Sale $7,500,000
  • Property Type Multi-Family
  • Property Size 19,499 SF
  • Units 25
  • Lot Size 0.05 Acre
  • Additional Rent Contact for pricing
  • # of Floors 4
  • Building Class B
  • Year Built 2014
  • Date Updated Jun 12, 2023

Investment Highlights

Ariel Property Advisors is pleased to present the Fteley Avenue portfolio, a package of three (3) recently built walk-up multifamily buildings. The properties are located in the Soundview sections of the Bronx.

943-947 Fteley Avenue are three contiguous 4-story multifamily walk-up buildings totaling 19,499 square feet containing 26 units. The properties are comprised of two (2) studio apartments, thirteen (13) one-bedroom apartments, ten (10) two-bedroom apartments, & one office space. The assets are encumbered by a 421-A Tax Exemption expiring in 2031 & the tenants pay for their own utilities.

The properties are under Tax Class 2B, which provides investors with a limitation on tax increases for the future. Additionally, the portfolio provides immediate access to a wide variety of transportation options such as the 4/B/D/6 trains located just a short walk away. The Fteley Avenue presents the rare opportunity to acquire three properties of scale and steady cash flow in rapidly growing areas of the Bronx.

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Contacts

broker
Daniel Mahfar

Ariel Property Advisors

broker
Jason M. Gold

Ariel Property Advisors

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable

  • Transit Score ®

    84/100 Excellent Transit

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Bronx, NY
  • Neighborhood Soundview
  • Zip Code 10473
  • Market Bronx

Points of Interest

  • Morrison Avenue–Soundview

    0.44 miles

  • Southern Boulevard (exit only)

    1.12 miles

  • Castle Hill Avenue SW Corner

    1.21 miles

  • Castle Hill Avenue NE Corner

    1.23 miles

  • Intervale Avenue

    1.38 miles

  • Bronx Park East

    1.73 miles

  • Westchester Square–East Tremont Avenue

    1.83 miles

  • Tremont

    2.20 miles

  • American Base No.1

    2.21 miles

  • East 143rd Street–Saint Mary’s Street

    2.23 miles

  • Gulf

    0.74 miles

  • BP

    0.79 miles

  • Sunoco

    1.13 miles

  • Mobil

    1.24 miles

  • Citgo

    1.90 miles

  • 76

    2.26 miles

  • Tesla Supercharger

    3.49 miles

  • plugNYC

    5.09 miles

  • ChargePoint

    5.43 miles

  • FLO

    6.09 miles

  • Little Man Parking

    1.06 miles

  • Chang Li Supermarket Inc.

    1.10 miles

  • Metropolis

    1.19 miles

  • P & P Car Parking

    1.24 miles

  • Kelly Street Parking

    1.34 miles

  • Asia Parking

    1.60 miles

  • Department of Sanitation District 6 Garage

    1.63 miles

  • Southern Boulevard Parking

    1.90 miles

  • Bronx River Parking

    2.02 miles

  • Fordham Regional Parking Facility

    2.51 miles

  • Super 8

    1.15 miles

  • Hutchinson - Whitestone Motel

    2.27 miles

  • Residence Inn The Bronx

    2.32 miles

  • Bronx Park Motel

    2.34 miles

  • Umbrella Hotel

    2.35 miles

  • Opera House Hotel

    2.44 miles

  • Holiday Inn Express

    3.15 miles

  • Rodeway Inn

    3.22 miles

  • Comfort Inn & Suites

    3.22 miles

  • Best Western Plus

    3.23 miles

  • White Castle

    0.08 miles

  • McDonald's

    0.22 miles

  • Popeyes

    0.22 miles

  • Lucky Garden

    0.32 miles

  • Ricuras

    0.32 miles

  • Kennedy Fried Chicken & Pizza

    0.35 miles

  • New Yankee Pizza

    0.43 miles

  • New Ranch Restaurant

    0.45 miles

  • Burger King

    0.45 miles

  • Taco Grande

    0.54 miles

  • New School for Arts and Sciences

    0.19 miles

  • Junior High School X123 James M Kiernan

    0.20 miles

  • Carl C Icahn Charter School Bronx North

    0.35 miles

  • Public School 93

    0.37 miles

  • Public School 100

    0.43 miles

  • PS 152 The Evergreen

    0.52 miles

  • Intermediate School 131

    0.55 miles

  • Holy Cross School

    0.67 miles

  • Monroe High School

    0.67 miles

  • Bronx Coalition Community High School

    0.68 miles

  • East Bronx NAACP Day Care Center

    0.56 miles

  • Mama Maria's Group Family Daycare

    1.46 miles

  • Prospect Family Support Center

    1.60 miles

  • Salvation Army: Bronx Citadel

    2.23 miles

  • Kid Krazy

    3.68 miles

  • Incarnation Children's Center

    3.70 miles

  • Heavens Tiny Tots

    4.04 miles

  • Astoria Values

    4.12 miles

  • Bright Start

    4.25 miles

  • Children's Learning Company

    4.31 miles

Frequently Asked Questions

How much does The Fteley Avenue Portfolio cost?

The space currently listed for sale at The Fteley Avenue Portfolio asks for $7,500,000.

What is the total square footage of The Fteley Avenue Portfolio?

The Fteley Avenue Portfolio totals 19,499 square feet.

When was this property built?

The Fteley Avenue Portfolio was built in 2014.

Looking for more in-depth information on this property?

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Contact The Fteley Avenue Portfolio