Hoffman Street Portfolio

2376 Hoffman St, Bronx, NY 10458

Property Information

  • For Sale $5,200,000
  • Property Type Multi-Family
  • Property Size 32,752 SF
  • Units 32
  • Lot Size 0.07 Acre
  • Cap Rate % 12.94
  • Year Built 2006
  • Date Updated Apr 16, 2026

Description

Rare opportunity to acquire a four building package totaling 32-units in prime Belmont

 

Portfolio wide 421a tax benefit in place, significantly reducing the effective tax burden

 

Unit mix comprised of six (6) one-bedroom apartments and twenty-six (26) two-bedroom apartments

 

Individually equipped with in-unit PTAC heating & cooling systems and dedicated hot water heaters for enhanced tenant comfort and reduced building-wide maintenance

 

Located steps from Fordham University and Belmont’s Little Italy corridor, ensuring consistent rental demand

 

Concentrated scale allowing for seamless management efficiencies

 

Located just 1 blocks from the famous Arthur Avenue, offering immediate access to popular eateries in the heart of The Bronx’s Little Italy, including the Arthur Avenue Retail Market which offers a variety of grocery stores, restaurants, and cafés.

 

Excellent access to transportation with nearby 4, B & D subway lines and the Metro-North Fordham Station, providing direct connectivity to Manhattan and the outer boroughs

Contacts

Victor Sozio

Ariel Property Advisors

Daniel Mahfar

Ariel Property Advisors

Jake Brody

Ariel Property Advisors

Erik Moloney

Ariel Property Advisors

George Morel

Ariel Property Advisors

Location

Located at 2376 Hoffman St, Bronx, NY 10458, this property is part of the Belmont neighborhood and Bronx market.

Contact Hoffman Street Portfolio
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