762, 766, & 770 Union Avenue

Ariel Property Advisors is pleased to present 762, 766 & 770 Union Avenue, a package of three (3) 8-unit walk-up multifamily buildings. The property is located on the West side of Union Avenue between Westchester Avenue and East 156th Street in the Longwood section of the Bronx.

762, 766 & 770 Union Avenue are three contiguous 4-story multifamily walkup buildings totaling 28,502 square feet containing 24 units. The properties are comprised of two (2) one-bedroom apartments, eight (8) two-bedroom apartments and fourteen (14) three-bedroom apartments. The entire package is encumbered by a 421a Tax Exemption expiring in 2030.  

The portfolio provides immediate access to a wide variety of transportation options such as the 2/5 trains just two blocks away on Prospect Avenue & Westchester Ave; and 6 train located a short walk away at Longwood Avenue & Southern Boulevard. Additionally, the properties are under Tax Class 2B, which provides investors a limitation on tax increases for the future. 762, 766 & 770 Union Avenue presents the rare opportunity to acquire three properties of scale and steady cash-flow in a rapidly growing area of the Bronx. For more information about these properties, please contact the exclusive sales agents listed below