Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Mixed Use
- Property Size 13,400 SF
- Units 17
- Lot Size 0.09 Acre
- Cap Rate % 7.38
- Zoning C4-2 / R6
- # of Floors 5
- Year Built 1913
- Date Updated Aug 13, 2025
Seven-building (2 elevator, 5 walk-up) , 372-unit portfolio strategically located across the desirable Bronx neighborhoods of Soundview, Park Versailles, Mott Haven, and Mount Eden. Consists of 351 residential apartments and 21 commercial units. Shelter Rent Taxes (Article XI) at 0.65% of Gross Rent extending until 2047, providing a long-term, favorable tax structure. Additional tax benefits occur at five of the seven properties. Three properties (1801-1803 Archer Street, 1807-1809 Archer Street, and 1121 Elder Avenue) benefit from J-51 tax abatements. Additionally, two properties (1410 Morris Avenue and 526-32 Tinton Avenue) feature solar abatements, reflecting modern upgrades and potential savings. Professionally managed and well-maintained portfolio, ensuring smooth operations and preserving asset value for investors. Abundant transportation surrounding all seven buildings as the properties are located in close proximity to bus lines & 6/B/D subway lines. $29,000,000.00
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
91/100
Walk Score ®
-
97/100
Transit Score ®
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81/100
Bike Score ®
Location
- City Bronx, NY
- Neighborhood Park Versailles - Bronx River
- Zip Code 10472
- Market Bronx
Points of Interest
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Morrison Avenue–Soundview
0.28 miles
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Southern Boulevard (exit only)
0.85 miles
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Intervale Avenue
1.00 miles
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Bronx Park East
1.50 miles
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Castle Hill Avenue SW Corner
1.51 miles
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Castle Hill Avenue NE Corner
1.53 miles
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Tremont
1.61 miles
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American Base No.1
1.80 miles
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174th–175th Streets
1.96 miles
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East 143rd Street–Saint Mary’s Street
2.05 miles
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BP
0.55 miles
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Gulf
0.87 miles
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Mobil
1.08 miles
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Sunoco
1.52 miles
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Shell
2.05 miles
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Tesla Supercharger
3.57 miles
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plugNYC
4.99 miles
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ChargePoint
5.26 miles
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FLO
5.82 miles
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Little Man Parking
0.71 miles
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P & P Car Parking
0.85 miles
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Kelly Street Parking
0.99 miles
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Department of Sanitation District 6 Garage
1.07 miles
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Asia Parking
1.23 miles
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Chang Li Supermarket Inc.
1.35 miles
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Metropolis
1.38 miles
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Southern Boulevard Parking
1.46 miles
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Bronx River Parking
1.70 miles
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Fordham Regional Parking Facility
2.08 miles
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Super 8
0.65 miles
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Bronx Park Motel
1.91 miles
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Umbrella Hotel
1.96 miles
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Opera House Hotel
2.11 miles
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Residence Inn The Bronx
2.43 miles
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Hutchinson - Whitestone Motel
2.50 miles
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Best Western Plus
2.70 miles
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Holiday Inn Express
2.74 miles
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Rodeway Inn
2.84 miles
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Comfort Inn & Suites
2.90 miles
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Associated
0.20 miles
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Western Beef
0.62 miles
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Key Foods
0.67 miles
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C-Town
0.71 miles
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Keyfoods
0.82 miles
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Fine Fare
0.84 miles
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Bravo
1.02 miles
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C Town
1.03 miles
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Macy's
1.10 miles
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Marshalls
1.15 miles
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.
