Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Mixed Use
- Property Size 34,945 SF
- Units 45
- Lot Size 0.21 Acre
- Cap Rate % 7.38
- Zoning R6 / C1-2
- # of Floors 5
- Year Built 1927
- 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.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
94/100
Walk Score ®
-
100/100
Transit Score ®
-
52/100
Bike Score ®
Location
- City Bronx, NY
- Neighborhood Park Versailles - Bronx River
- Zip Code 10460
- Market Bronx
Points of Interest
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Morrison Avenue–Soundview
0.71 miles
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Bronx Park East
0.78 miles
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Castle Hill Avenue SW Corner
0.82 miles
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Castle Hill Avenue NE Corner
0.83 miles
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Westchester Square–East Tremont Avenue
1.26 miles
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Middletown Road
1.65 miles
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Southern Boulevard (exit only)
1.76 miles
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Tremont
1.84 miles
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Intervale Avenue
1.91 miles
-
Fordham
2.06 miles
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BP
0.25 miles
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Gulf
0.28 miles
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Sunoco
0.95 miles
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76
1.30 miles
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Shell
1.38 miles
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Citgo
1.48 miles
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Tesla Supercharger
2.66 miles
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plugNYC
5.91 miles
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ChargePoint
6.18 miles
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FLO
6.73 miles
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Metropolis
0.58 miles
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Chang Li Supermarket Inc.
0.62 miles
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Asia Parking
0.80 miles
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Bronx River Parking
1.11 miles
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Southern Boulevard Parking
1.16 miles
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Department of Sanitation District 6 Garage
1.22 miles
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Little Man Parking
1.62 miles
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Fordham Regional Parking Facility
1.68 miles
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Parking Area A
1.75 miles
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P & P Car Parking
1.75 miles
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Super 8
1.51 miles
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Residence Inn The Bronx
1.52 miles
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Bronx Park Motel
1.54 miles
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Hutchinson - Whitestone Motel
1.65 miles
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Rodeway Inn
2.32 miles
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Pelham Garden Motel
2.50 miles
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Crown Motor Inn
2.61 miles
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Days Inn
2.79 miles
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Umbrella Hotel
2.84 miles
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Opera House Hotel
3.01 miles
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Bravo
0.13 miles
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Macy's
0.30 miles
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Marshalls
0.35 miles
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C Town
0.48 miles
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Pioneer
0.60 miles
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Khalil Supermarket
0.60 miles
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Premium Halal Meat & Fish
0.62 miles
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Al-Aqsa Supermarket
0.63 miles
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Grocery Outlet
0.64 miles
-
Keyfoods
0.68 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.
