1462 Southern Blvd

1462 Southern Blvd, Bronx, NY 10460

Property Information

  • For Sale $5,000,000
  • Property Type Multi-Family
  • Property Size 8,789 SF
  • Units 11
  • Lot Size 2,075 SF
  • Cap Rate % 5.18
  • Rental Income / YR $321,240.60
  • NOI / YR $259,105.38
  • Taxes / YR $4,800.00
  • Zoning R7-1 / C2-4
  • Year Built 2021
  • Date Updated Jul 28, 2026

Description

Kassin Sabbagh Realty (KSR) is pleased to present 1462 Southern Boulevard, a well-positioned

multifamily property located along one of the Bronx’s most prominent commercial corridors in

the heart of Crotona Park East. Situated directly on Southern Boulevard and just moments from

Crotona Park, Starlight Park, and the 2 & 5 subway lines, the property benefits from outstanding

accessibility, a dense surrounding residential population, and consistent neighborhood retail activity.

The offering presents investors with the opportunity to acquire a strategically located asset in a dynamic Bronx

submarket experiencing continued residential development and public investment. Surrounded by a diverse

mix of national retailers, neighborhood businesses, schools, healthcare providers, and public transportation,

1462 Southern Boulevard is well positioned to capitalize on the area’s strong housing demand, expanding

commercial corridor, and long-term growth fundamentals..

BRAND NEW CONSTRUCTION MULTI-FAMILY PROPERTY

A newly constructed multifamily asset featuring modern construction, contemporary finishes, and minimal

near-term capital expenditure requirements. The property offers investors the opportunity to acquire a

turnkey residential investment in one of the Bronx’s fastest-evolving neighborhoods, benefiting from strong

rental demand and continued public and private investment.

STRONG IN-PLACE INCOME

The asset generates stable, in-place cash flow from a quality residential tenant base, providing immediate

income with the potential for long-term appreciation. Strong housing fundamentals and limited new supply

within the surrounding area continue to support durable occupancy and rental growth.

IMMEDIATE ACCESS TO THE 2 & 5 TRAINS

Located just moments from the Freeman Street and Simpson Street subway stations, the property offers

direct access to the 2 and 5 subway lines, providing convenient connectivity to Manhattan, Downtown

Brooklyn, and the greater Bronx. Multiple bus routes and nearby major thoroughfares further enhance

accessibility.

LOCATED ALONG PRIME RETAIL OF SOUTHERN BOULEVARD

Positioned on one of the Bronx’s primary commercial corridors, the property benefits from immediate

proximity to Southern Boulevard’s vibrant mix of neighborhood retailers, national chains, restaurants, grocery

stores, healthcare providers, and everyday services. This established retail corridor serves a dense residential

population and generates consistent pedestrian activity throughout the day.

STEPS TO CROTONA PARK & STARLIGHT PARK

Residents enjoy easy access to two of the Bronx’s premier recreational destinations. Crotona Park offers

over 125 acres of green space, sports facilities, walking paths, and a public swimming complex, while nearby

Starlight Park features waterfront trails along the Bronx River, playgrounds, bike paths, and open recreational

areas. Combined with the neighborhood’s growing investment and excellent transportation infrastructure, the

location offers an exceptional balance of urban convenience and outdoor amenities.

Contacts

Location

Located at 1462 Southern Blvd, Bronx, NY 10460, this property is part of the Fairmont - Claremont Village neighborhood and Bronx market.

Contact 1462 Southern Blvd
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