Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Property Details
- Property Type Mixed Use
- Property Size 66,564 SF
- Units 64
- Lot Size 0.33 Acre
- Cap Rate % 7.38
- Zoning R7-1 / C1-4
- # of Floors 6
- Year Built 1941
- 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
-
87/100
Walk Score ®
-
100/100
Transit Score ®
-
69/100
Bike Score ®
Location
- City Bronx, NY
- Neighborhood Mount Eden
- Zip Code 10456
- Market Bronx
Points of Interest
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Mount Eden Avenue
0.48 miles
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174th–175th Streets
0.54 miles
-
Tremont
0.84 miles
-
161st Street–Yankee Stadium
1.04 miles
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American Base No.1
1.19 miles
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Morris Heights
1.20 miles
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Intervale Avenue
1.33 miles
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Yankees–East 153rd Street
1.33 miles
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182-183 Street
1.36 miles
-
Saint Nicholas Avenue & 168th Street at Southeast Corner
1.49 miles
-
Sunoco
0.56 miles
-
BP
0.80 miles
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Mobil
0.83 miles
-
Lukoil
1.28 miles
-
Shell
1.53 miles
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Exxon
1.57 miles
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Global
1.65 miles
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Tesla Supercharger
4.64 miles
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plugNYC
4.65 miles
-
ChargePoint
4.69 miles
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Gerard Avenue Lot
0.81 miles
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164th Street Garage
0.91 miles
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River Avenue Garage
0.92 miles
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Concourse Plaza Garage
1.01 miles
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Rupert Plaza Garage
1.18 miles
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Department of Sanitation District 6 Garage
1.20 miles
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153rd Street Garage
1.28 miles
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Commuter Parking
1.29 miles
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153rd Street Lot
1.33 miles
-
P & P Car Parking
1.34 miles
-
Best Western Plus
1.17 miles
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Super 8
1.23 miles
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Radio Hotel
1.28 miles
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Hotel Moca
1.29 miles
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Umbrella Hotel
1.34 miles
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Opera House Hotel
1.62 miles
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St Nicholas Hotel
1.69 miles
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Saint Nicholas Inn
1.70 miles
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Holiday Inn Express
1.72 miles
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Bronx Park Motel
1.99 miles
-
Trade Fair
0.07 miles
-
Bravo
0.12 miles
-
C-Town
0.66 miles
-
Compare Foods
0.88 miles
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Fine Fare
0.90 miles
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Food Bazaar
0.99 miles
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Western Beef
1.17 miles
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Concourse Food Plaza
1.20 miles
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Key Food
1.20 miles
-
Bronx Terminal Market
1.41 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.
