Map of Property

3187 Grand Concourse

For Sale

3187 Grand Concourse, Bronx, NY 10468

This Bronx property for sale is located at 3187 Grand Concourse. The current listed sale price for 3187 Grand Concourse is $9,000,000. 3187 Grand Concourse is situated on a lot that is 0.09 acre in size.

Contacts

Daniel Mahfar

Ariel Property Advisors

Erik Moloney

Ariel Property Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 25,522 SF
  • Units 32
  • Lot Size 0.09 Acre
  • Year Built 2021
  • Date Updated Oct 29, 2026

New Construction Elevator Building: Rare opportunity to acquire a modern, 9-story elevator multifamily building spanning 25,616 gross square feet.

 

Long Term 421-a Tax Protection: Benefits from a long-term 35-year 421-a tax exemption with 23 consecutive years of 100% full exemption remaining, suppressing 2026/27 annual real estate taxes to just $552.

 

Fully Occupied: 100% occupied, with 31 of the 32 residential units backed by municipal voucher programs (CityFHEPS and FHEPS), delivering a secure, government-subsidized rental stream.

 

Turnkey Condition: Delivered in turnkey physical condition requiring zero upfront CapEx or deferred maintenance across an efficient unit mix of thirteen (13) studios and nineteen (19) one-bedroom apartments.

 

Prime Grand Concourse Location: Situated on the west side of the Grand Concourse in Bedford Park, with Unmatched commuter accessibility positioned nearby the B & D subway lines, 4 train, and the Metro-North Railroad.

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Attachments

Getting around

  • 91/100

    Walk Score ®

  • 100/100

    Transit Score ®

  • 78/100

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Location

  • City Bronx, NY
  • Neighborhood Bedford Park
  • Zip Code 10468
  • Market Bronx

Points of Interest

  • Bedford Park Boulevard

    0.23 miles

  • Mosholu Parkway

    0.24 miles

  • Bedford park Blvd.

    0.29 miles

  • Bedford Park Blvd.

    0.31 miles

  • Norwood–205th Street

    0.40 miles

  • Williams Bridge

    0.82 miles

  • Woodlawn

    0.82 miles

  • Kingsbridge Road

    0.84 miles

  • Fordham

    1.06 miles

  • Van Cortlandt Park–242nd Street

    1.11 miles

  • Mobil

    0.96 miles

  • Exxon

    1.22 miles

  • Shell

    1.25 miles

  • 171

    1.29 miles

  • Gulf

    1.32 miles

  • BP

    1.36 miles

  • Sunoco

    1.55 miles

  • Tesla Supercharger

    3.14 miles

  • plugNYC

    7.60 miles

  • ChargePoint

    7.63 miles

  • Peter Jay Sharp Building

    0.66 miles

  • Broadway Parking Garage

    1.10 miles

  • Parking Area A

    1.14 miles

  • Jerome – 190th Street Municipal Parking Garage

    1.17 miles

  • Fordham Regional Parking Facility

    1.22 miles

  • NYPD Bronx Tow Pound

    1.32 miles

  • Bronx River Parking

    1.76 miles

  • Southern Boulevard Parking

    1.83 miles

  • Asia Parking

    2.12 miles

  • Department of Sanitation District 6 Garage

    2.32 miles

  • Rodeway Inn

    0.62 miles

  • Days Inn

    0.78 miles

  • El Rancho Motel

    1.20 miles

  • Bronx Park Motel

    1.38 miles

  • Crown Motor Inn

    1.78 miles

  • Metro Motel

    2.65 miles

  • Ramada

    2.87 miles

  • Residence Inn The Bronx

    2.93 miles

  • Hotel Moca

    3.05 miles

  • Pelham Garden Motel

    3.08 miles

  • Fine Fare Supermarket

    0.10 miles

  • Foodtown of Bainbridge

    0.44 miles

  • Met

    0.55 miles

  • Food Dynasty

    0.58 miles

  • Morton Williams

    0.84 miles

  • Stop and Shop

    0.92 miles

  • ALDI

    0.98 miles

  • Burlington

    1.02 miles

  • Fine Fare

    1.09 miles

  • Target

    1.10 miles

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