1124 Grant Ave

For Sale

1124 Grant Ave, Bronx, NY 10456

This Bronx property for sale is located at 1124 Grant Ave. The general use of 1124 Grant Ave is multi-family and it incorporates 6,232 square feet of class A multi-family space. The current listed sale price for 1124 Grant Ave is $1,500,000. 1124 Grant Ave is situated on a lot that is 0.08 acre in size.

Contacts

broker

Twelve Stones Realty

Twelvestone Realty

(516) 268-4262

broker

Yaakov Pliner

Twelvestone Realty

broker

Reuben Lugassy

(516) 551-7945

Property Details

  • Property Type Multi-Family
  • Property Size 6,232 SF
  • Units 6
  • Lot Size 0.08 Acre
  • Cap Rate % 8.6
  • Rental Income / YR 174000
  • NOI / YR 129000
  • Taxes / YR 20582
  • Zoning R7-1
  • # of Floors 3
  • Average Floor Size 1,950 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1927
  • Year Renovated 1996
  • Date Updated Apr 2, 2024
  • Construction Type BRICK

Twelve Stones Realty is pleased to announce we have been retained to exclusively represent the sale of 1124 Grant Avenue, in the Concourse Section of the Bronx.

Currently, it is a 6,232 SF 3-story walk-up building consisting of 6 apartments and a 2-car garage

The building was completely GUT-RENOVATED in 2016 and is currently 100% occupied with NFP tenants.

The average rents are $2,271. And the gross income is $174,000 annually.

The property sits on a 35 x 100 R7-1 LOT with 16,800 buildable square feet. giving the ability to convert to a 24-unit building

The property is being offered at an 8.6% cap rate with an asking price of $1,500,000.

Reuben Lugassy & Yaakov Pliner will be handling this listing.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 90/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Bronx, NY
  • Neighborhood Concourse Village
  • Zip Code 10456
  • Market Bronx

Points of Interest

  • 167th Street

    0.22 miles

  • Melrose

    0.40 miles

  • 167th Street

    0.41 miles

  • 170th Street

    0.52 miles

  • 161st Street–Yankee Stadium

    0.57 miles

  • 170th Street

    0.60 miles

  • Yankees–East 153rd Street

    0.85 miles

  • Mount Eden Avenue

    0.89 miles

  • 174th–175th Streets

    1.04 miles

  • 3rd Avenue–149th Street

    1.07 miles

  • Mobil

    0.95 miles

  • Sunoco

    0.99 miles

  • Mobil

    1.24 miles

  • BP

    1.27 miles

  • BP

    1.28 miles

  • Speedway

    1.36 miles

  • Mobil

    1.38 miles

  • BP

    1.45 miles

  • Shell

    1.52 miles

  • Mobil

    1.54 miles

  • Gerard Avenue Lot

    0.39 miles

  • River Avenue Garage

    0.47 miles

  • Concourse Plaza Garage

    0.49 miles

  • 164th Street Garage

    0.49 miles

  • Rupert Plaza Garage

    0.73 miles

  • 153rd Street Garage

    0.79 miles

  • Commuter Parking

    0.83 miles

  • 153rd Street Lot

    0.83 miles

  • 153rd Street North Lot

    0.89 miles

  • Harlem River North Lot

    0.91 miles

  • Best Western

    0.82 miles

  • Umbrella Hotel

    0.87 miles

  • Opera House Hotel

    1.15 miles

  • Holiday Inn Express Bronx, NYC, Stadium Area

    1.19 miles

  • Super 8

    1.27 miles

  • St Nicholas Hotel

    1.35 miles

  • Saint Nicholas Inn

    1.36 miles

  • Comfort Inn & Suites

    1.64 miles

  • Hotel

    1.75 miles

  • Lotus Accomodation

    1.92 miles

  • C-Town

    0.13 miles

  • Trade Fair

    0.48 miles

  • Bravo

    0.49 miles

  • Key Food

    0.72 miles

  • ALDI

    0.84 miles

  • Bronx Terminal Market

    0.92 miles

  • Food Bazaar

    1.00 miles

  • Bronx Terminal Market

    1.00 miles

  • Shop Fair

    1.03 miles

  • Real

    1.11 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact 1124 Grant Ave