Map of Property

1048-1064 Sheridan Avenue, Bronx, NY

1048 Sheridan Avenue, Bronx, NY 10456

  • For Sale $13,500,000
  • Property Type Unassigned
  • Building Class C1
  • Date Updated Apr 26, 2024
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 1048-1064 Sheridan Avenue. The ~99,340 square foot multifamily offering is located on the East side of Sheridan Avenue and between East 165th Street and East 166th Street in the Concourse neighborhood of the Bronx.
1048-1064 Sheridan Avenue is comprised of five contiguous buildings with 249’ of frontage along Sheridan Avenue. The offering consists of 98 residential units and has benefited from over $1,000,000 in recent property improvements including new gas boilers, water pumps and roof vents. Three of the buildings have brand new basement apartments and all five buildings have been installed with new intercom systems at their entrance. The properties are also lead free because they were substantially rehabilitated in the early 1990’s.
Additionally, the properties benefit from a J51 tax abatement through 2026. Upon the expiration of the J51 this offering provides a flexible investment opportunity to either deregulate the buildings upon unit turnover or enter an affordable program such as an Article XI.
1048-1064 Sheridan Avenue is a 10-minute walk to Yankee Stadium and steps away from prime public transit including the 161St Yankee Stadium subway stop and the 168th Street stations servicing the 4, B and D trains. Additionally, the properties are surrounded by many green spaces including Joyce Kilmer Park, Rev. T. Wendell Foster Park, and Mott’s Playground.
Offering stro

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Contacts

broker

Eric Roth

Cushman & Wakefield

(212) 660-7757

broker

Jonathan Squires

Cushman & Wakefield

(212) 660-7775

broker

Tyler Signora

Cushman & Wakefield

(212) 589-5102

broker

Josh Neustadter

Cushman & Wakefield

(212) 660-7739

broker

Harry James

Cushman & Wakefield

(212) 589-5195

broker

Austin Weiner

Cushman & Wakefield

(212) 660-7786

broker

Christine Felling

Cushman & Wakefield

(212) 599-4441

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    66/100 Bikeable
Powered by Walk Score ®
  • City Bronx, NY
  • Neighborhood Concourse Village
  • Zip Code 10456
  • Market Bronx

Points of Interest

  • 167th Street

    0.26 miles

  • Melrose

    0.38 miles

  • 167th Street

    0.38 miles

  • 161st Street–Yankee Stadium

    0.42 miles

  • 170th Street

    0.62 miles

  • 170th Street

    0.65 miles

  • Yankees–East 153rd Street

    0.70 miles

  • 149th Street–Grand Concourse

    0.95 miles

  • 155th Street

    0.95 miles

  • Mount Eden Avenue

    0.97 miles

  • Mobil

    0.82 miles

  • Sunoco

    1.08 miles

  • BP

    1.15 miles

  • Speedway

    1.21 miles

  • Mobil

    1.23 miles

  • Mobil

    1.30 miles

  • BP

    1.32 miles

  • Mobil

    1.41 miles

  • BP

    1.42 miles

  • Shell

    1.45 miles

  • Gerard Avenue Lot

    0.25 miles

  • River Avenue Garage

    0.32 miles

  • 164th Street Garage

    0.35 miles

  • Concourse Plaza Garage

    0.38 miles

  • Rupert Plaza Garage

    0.58 miles

  • 153rd Street Garage

    0.64 miles

  • Commuter Parking

    0.68 miles

  • 153rd Street Lot

    0.69 miles

  • 153rd Street North Lot

    0.75 miles

  • Harlem River North Lot

    0.77 miles

  • Best Western

    0.69 miles

  • Umbrella Hotel

    0.83 miles

  • Holiday Inn Express Bronx, NYC, Stadium Area

    1.06 miles

  • Opera House Hotel

    1.09 miles

  • St Nicholas Hotel

    1.21 miles

  • Saint Nicholas Inn

    1.22 miles

  • Super 8

    1.40 miles

  • Comfort Inn & Suites

    1.53 miles

  • Hotel

    1.61 miles

  • Lotus Accomodation

    1.77 miles

  • McDonald's

    0.32 miles

  • Dunkin'

    0.36 miles

  • Court Deli Restaurant

    0.39 miles

  • McDonald's

    0.40 miles

  • Little Caesars

    0.40 miles

  • NYY Steak

    0.41 miles

  • Yankee Tavern

    0.42 miles

  • Hard Rock Cafe

    0.42 miles

  • Billy's Sports Bar

    0.43 miles

  • Checkers

    0.44 miles

  • All Hallows School

    0.17 miles

  • Public School 35

    0.18 miles

  • Saint Angela Merici School

    0.23 miles

  • Junior High School 145

    0.31 miles

  • P.S./I.S. 218 Rafael Hernandez Dual Language Magnet School

    0.35 miles

  • Public School 53

    0.39 miles

  • Public School 114

    0.41 miles

  • Roman Catholic School of Christ the King

    0.50 miles

  • Public School 359

    0.56 miles

  • Junior High School 151 Lou Gehrig

    0.57 miles

  • Prospect Family Support Center

    1.39 miles

  • East Bronx NAACP Day Care Center

    2.00 miles

  • Friends & Family Daycare

    3.07 miles

  • Sunshine Learning Center

    3.26 miles

  • Park West Montessori School

    3.27 miles

  • Kid Krazy

    3.38 miles

  • Purple Circle Early Childhood Program

    3.43 miles

  • Preschool of America

    3.49 miles

  • Playhouse Prep

    3.56 miles

  • Children's Learning Company

    3.57 miles

Frequently Asked Questions

What is the lease rate for 1048-1064 Sheridan Avenue, Bronx, NY?

Rental asking rate at 1048-1064 Sheridan Avenue, Bronx, NY is $6,750,000.00/YR.

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