2023 Colonial Ave - Apartments FOR SALE


Bronx, NY 10461
$4,400,000 USD
917-559-4584
2023 Colonial Ave, Bronx, NY for Sale
$4,400,000 USD
Apartments - FOR SALE
1/7
null | 6.52% Cap Rate

2023 Colonial Ave
Bronx, NY 10461


HIGHLIGHTS

  • .1 miles from #6 Pelham Bay Park Subway Station
  • 1 mile from the largest park in NYC, Pelham Bay Park

OVERVIEW

Concourse Realty has been retained on an exclusive basis to arrange for the sale of 2023-2025 Colonial Avenue. The property is a 41-unit walk-up apartment building, measuring 125 feet by 85 feet, with a total gross building size of 37,740 square feet. The building consists of 4 two-bedroom units and 37 one-bedroom units. The property is located in the Pelham Bay section of the Bronx, a neighborhood known for its residential charm and close proximity to Pelham Bay Park, the largest park in New York City. 2023 Colonial Avenue is situated feet from the Pelham Bay #6 subway stop

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

41

PRICE/UNIT

$107,317

CAP RATE

6.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,338 SF

ZONING

R7-1

APN/PARCEL ID

04248-0048

ASK ABOUT THIS PROPERTY

David SimoneConcourse Realty PartnersMore Info
917-559-4584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David SimoneConcourse Realty PartnersMore Info
917-559-4584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.