- For Sale $6,600,000
- Property Type Multi-Family
- Property Size 76,050 SF
- Units 100
- Lot Size 23,105 SF
- Cap Rate % 5.34
- Zoning R7-1
- Year Built 1916
- Date Updated Aug 13, 2025
Description
3 Building, 100-unit portfolio in the Claremont Village neighborhood of the Bronx. Portfolio benefits from J-51 Tax Abatement expiring in 2027 and 2028. All 3 buildings are professionally managed and are within a block of each other offering a new owner a streamlined management process. In close proximity to major retail corridors on East 170th Street and Grand Concourse and surrounded by two major Bronx parks, Claremont Park and Grant Park. Portfolio also offers easy accessibility to transportation with Bx11, Bx32 and B/D subway stops.
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Contacts
Jason M. Gold
Ariel Property Advisors
Victor Sozio
Ariel Property Advisors
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Jake Brody
Ariel Property Advisors
Gabriel Elyaszadeh
Ariel Property Advisors
Location
Located at 1316 Morris Ave, Bronx, NY 10456, this property is part of the Mount Eden neighborhood and Bronx market.
Contact 1316 Morris Avenue, 1361 College Avenue & 1335 College Avenue
