Contacts
Jason M. Gold
Ariel Property Advisors
(212) 544-9500 x 22
Michael A. Tortorici
Ariel Property Advisors
(212) 544-9500
Daniel Mahfar
Ariel Property Advisors
(212) 544-9500 x 99
Victor Sozio
Ariel Property Advisors
(215) 544-9500
Julian Montilus
Ariel Property Advisors
(212) 544-9500
Property Details
- Property Type Multi-Family
- Property Size 48,800 SF
- Units 53
- Lot Size 10,000 SF
- # of Floors 6
- Year Built 1928
- Date Updated Dec 4, 2023
Located on the north side of Cruger Avenue between Arnow Avenue & Allerton Avenue.
Comprised of 53 units, split up into fourty-seven (47) one-bedrooms, five (5) two-bedrooms, and one (1) 3-bedroom.
6- story walk-up building with 100’ of frontage and approximately 48,800 gross square feet.
Situated in a desirable location throughout the Bronx, surrounded by a plethora of neighborhood attractions such as the New York Botanical Garden & the Bronx Zoo.
Heating system was converted to duel-fuel boiler with new burner and water tanks in 2015/2016, new boiler was installed in 2023.
Professional management company maintained the property in excellent condition.
Close proximity to the 2 & 5 train and conveniently located around a variety of national retail tenants such as Bank of America, CVS, Walgreens, Mcdonalds, and more.
Priced well below replacement cost and 28% of units operating on preferential rents provide potential upside.
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Attachments
Getting around
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Location
- City Bronx, NY
- Neighborhood Allerton
- Zip Code 10467
- Market Bronx
Points of Interest
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Allerton Avenue
0.17 miles
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Burke Avenue
0.27 miles
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Gun Hill Road
0.69 miles
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Pelham Parkway
0.72 miles
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Williams Bridge
0.81 miles
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Pelham Parkway
0.82 miles
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Botanical Garden
0.83 miles
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Norwood–205th Street
0.84 miles
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Morris Park
0.95 miles
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Gun Hill Road
1.06 miles
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Gulf
0.58 miles
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Shell
1.00 miles
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Shell
1.20 miles
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Exxon
1.45 miles
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BP
1.51 miles
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Mobil
1.70 miles
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BP
1.70 miles
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Gulf
1.94 miles
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Mobil
1.95 miles
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Tesla Supercharger
1.97 miles
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Parking Area A
0.96 miles
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Fordham Regional Parking Facility
1.01 miles
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Bronx River Parking
1.07 miles
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Southern Boulevard Parking
1.46 miles
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Asia Parking
1.55 miles
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Department of Sanitation District 6 Garage
2.08 miles
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Broadway Parking Garage
2.28 miles
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Edison Parkfast #136
3.30 miles
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Little Man Parking
3.35 miles
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P & P Car Parking
3.40 miles
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Rodeway Inn
0.65 miles
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Crown Motor Inn
0.84 miles
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El Rancho Motel
0.99 miles
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Bronx Park Motel
1.13 miles
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Residence Inn The Bronx
1.73 miles
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Pelham Garden Motel
1.89 miles
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Ramada
2.00 miles
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Hutchinson - Whitestone Motel
2.25 miles
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Metro Motel
2.63 miles
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Super 8
3.10 miles
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Fine Fare
0.74 miles
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Foodtown of Bainbridge
0.78 miles
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Food Town
1.03 miles
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Met
1.18 miles
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Fine Fare Supermarket
1.20 miles
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Foodverse Market
1.35 miles
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Burlington
1.37 miles
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C-Town
1.40 miles
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Modern Market
1.44 miles
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Big Deal Food Market
1.45 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.