- For Sale $5,250,000
- Property Type Multi-Family
- Property Size 15,224 SF
- Units 18
- Lot Size 5,000 SF
- Cap Rate % 8.6
- Zoning R7-1
- Additional Rent Contact for pricing
- # of Floors 4
- Year Built 2016
- Date Updated Aug 22, 2024
Two (2) multifamily properties constructed in 2016 located in the Morris Heights section of the Bronx.
Two (2), 4-story, 9-unit walk-up buildings totaling 15,224 SF.
Each building enjoys free market status, containing nine (9) one-bedroom units.
2B tax classification, offering protection from future tax increases.
Potential upside upon lease turnover with new subsidy payment standards totaling $2,584 for one-bedroom apartments with tenants paying for gas & electric.
Existing Loan of $3,829,000 at a 3.79% interest rate. Maturity Date in 2030.
Enjoys easy access to transportation, being a quick walk away from the 4 subway line at Mount Eden Ave Station.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
79/100
Very Walkable
-
Transit Score ®
100/100
Rider's Paradise
-
Bike Score ®
52/100
Bikeable
- City The Bronx, NY
- Neighborhood Morris Heights
- Zip Code 10453
- Market Bronx
Points of Interest
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Morris Heights
0.36 miles
-
Mount Eden Avenue
0.47 miles
-
174th–175th Streets
0.61 miles
-
181st St (A)
0.85 miles
-
181st St (A) upper level
0.89 miles
-
190th St (A) lower level
0.91 miles
-
190th St (A)
0.96 miles
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Saint Nicholas Avenue & 168th Street at Southeast Corner
1.11 miles
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Tremont
1.13 miles
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182-183 Street
1.16 miles
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Mobil
0.25 miles
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Sunoco
0.43 miles
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Exxon
0.77 miles
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Shell
0.95 miles
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Lukoil
1.10 miles
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BP
1.21 miles
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Citgo
1.24 miles
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Tesla Supercharger
4.93 miles
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ChargePoint
5.14 miles
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FLO
5.19 miles
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SP+
1.22 miles
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Gerard Avenue Lot
1.24 miles
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164th Street Garage
1.28 miles
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Edison Parkfast #136
1.29 miles
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River Avenue Garage
1.37 miles
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Jerome – 190th Street Municipal Parking Garage
1.47 miles
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NYPD Bronx Tow Pound
1.50 miles
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Rupert Plaza Garage
1.51 miles
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Commuter Parking
1.62 miles
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Harlem River North Lot
1.63 miles
-
Hotel Moca
0.53 miles
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Radio Hotel
0.56 miles
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Best Western Plus
1.32 miles
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St Nicholas Hotel
1.66 miles
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Saint Nicholas Inn
1.68 miles
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Umbrella Hotel
2.11 miles
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Bronx Park Motel
2.11 miles
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Super 8
2.13 miles
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Hotel
2.15 miles
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Holiday Inn Express
2.20 miles
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Hing Wong Chinese Restaurant
0.25 miles
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McDonald's
0.44 miles
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Little Caesars
0.45 miles
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Taqueria Huarache
0.49 miles
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Antojitos Mexicanos
0.55 miles
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Lechonera Dominicana
0.58 miles
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Chicken Ranch
0.59 miles
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Grito
0.60 miles
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Marisco Centro
0.61 miles
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Empanadas
0.61 miles
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Public School 109
0.22 miles
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Intermediate School X229 Roland Patterson
0.27 miles
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Intermediate School X303 Leadership and Community Service
0.29 miles
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Public School X230 Doctor Roland N Patterson
0.29 miles
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Academy For Language And Technology
0.31 miles
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Junior High School 82
0.32 miles
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Yeshiva University High School
0.44 miles
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Public School 189
0.45 miles
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Yeshiva University - Wilf Campus
0.45 miles
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Media and Communications High School
0.51 miles
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Incarnation Children's Center
0.90 miles
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Salvation Army: Bronx Citadel
1.84 miles
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Children's Learning Company
2.38 miles
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Prospect Family Support Center
2.52 miles
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East Bronx NAACP Day Care Center
2.64 miles
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Dorothy Day Early Childhood Center
2.70 miles
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Mama Maria's Group Family Daycare
2.89 miles
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Heavens Tiny Tots
2.89 miles
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Bloomingdale Family Program
3.95 miles
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Sequence for Cidz
4.03 miles
Frequently Asked Questions
The space currently listed for sale at 1643-1645 Popham Avenue asks for $5,250,000.
1643-1645 Popham Avenue totals 15,224 square feet.
1643-1645 Popham Avenue was built in 2016.
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