- For Sale $94/SF
- Property Type Mixed Use
- Property Size 66,564 SF
- Units 64
- Lot Size 0.33 Acre
- Cap Rate % 7.38
- Zoning R7-1 / C1-4
- # of Floors 6
- Year Built 1941
- Date Updated Aug 13, 2025
Seven-building (2 elevator, 5 walk-up) , 372-unit portfolio strategically located across the desirable Bronx neighborhoods of Soundview, Park Versailles, Mott Haven, and Mount Eden. Consists of 351 residential apartments and 21 commercial units. Shelter Rent Taxes (Article XI) at 0.65% of Gross Rent extending until 2047, providing a long-term, favorable tax structure. Additional tax benefits occur at five of the seven properties. Three properties (1801-1803 Archer Street, 1807-1809 Archer Street, and 1121 Elder Avenue) benefit from J-51 tax abatements. Additionally, two properties (1410 Morris Avenue and 526-32 Tinton Avenue) feature solar abatements, reflecting modern upgrades and potential savings. Professionally managed and well-maintained portfolio, ensuring smooth operations and preserving asset value for investors. Abundant transportation surrounding all seven buildings as the properties are located in close proximity to bus lines & 6/B/D subway lines.
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
87/100 Very Walkable
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Transit Score ®
100/100 Rider's Paradise
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Bike Score ®
69/100 Bikeable
- City Bronx, NY
- Neighborhood Mount Eden
- Zip Code 10456
- Market Bronx
Points of Interest
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Mount Eden Avenue
0.48 miles
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174th–175th Streets
0.54 miles
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Tremont
0.84 miles
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161st Street–Yankee Stadium
1.04 miles
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American Base No.1
1.19 miles
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Morris Heights
1.20 miles
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Intervale Avenue
1.33 miles
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Yankees–East 153rd Street
1.33 miles
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182-183 Street
1.36 miles
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Saint Nicholas Avenue & 168th Street at Southeast Corner
1.49 miles
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Sunoco
0.56 miles
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BP
0.80 miles
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Mobil
0.83 miles
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Lukoil
1.28 miles
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Shell
1.53 miles
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Exxon
1.57 miles
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Global
1.65 miles
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Tesla Supercharger
4.64 miles
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plugNYC
4.65 miles
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ChargePoint
4.69 miles
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Gerard Avenue Lot
0.81 miles
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164th Street Garage
0.91 miles
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River Avenue Garage
0.92 miles
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Concourse Plaza Garage
1.01 miles
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Rupert Plaza Garage
1.18 miles
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Department of Sanitation District 6 Garage
1.20 miles
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153rd Street Garage
1.28 miles
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Commuter Parking
1.29 miles
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153rd Street Lot
1.33 miles
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P & P Car Parking
1.34 miles
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Best Western Plus
1.17 miles
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Super 8
1.23 miles
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Radio Hotel
1.28 miles
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Hotel Moca
1.29 miles
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Umbrella Hotel
1.34 miles
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Opera House Hotel
1.62 miles
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St Nicholas Hotel
1.69 miles
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Saint Nicholas Inn
1.70 miles
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Holiday Inn Express
1.72 miles
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Bronx Park Motel
1.99 miles
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Kennedy Fried Chicken & Pizza
0.03 miles
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Wendy's
0.40 miles
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Lechonera Dominicana
0.40 miles
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McDonald's
0.41 miles
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Taqueria Huarache
0.45 miles
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Little Caesars
0.49 miles
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Golden Krust
0.51 miles
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Dunkin'
0.55 miles
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Checkers
0.64 miles
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Hing Wong Chinese Restaurant
0.78 miles
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High School of Medical Services
0.08 miles
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Bronx High School of Business
0.09 miles
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William Howard Taft High School
0.10 miles
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J Levin High School of Media and Communications
0.12 miles
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Roman Catholic School of Christ the King
0.23 miles
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Public School 53
0.37 miles
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Intermediate School X339
0.40 miles
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Intermediate School X313 School of Leadership Development
0.41 miles
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Public School 132
0.47 miles
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P.S./I.S. 218 Rafael Hernandez Dual Language Magnet School
0.48 miles
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Salvation Army: Bronx Citadel
1.04 miles
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Incarnation Children's Center
1.39 miles
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Prospect Family Support Center
1.61 miles
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East Bronx NAACP Day Care Center
1.78 miles
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Mama Maria's Group Family Daycare
2.38 miles
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Heavens Tiny Tots
2.59 miles
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Dorothy Day Early Childhood Center
2.69 miles
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Children's Learning Company
2.99 miles
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Bloomingdale Family Program
3.70 miles
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Friends & Family Daycare
3.71 miles
Frequently Asked Questions
The space currently listed for sale at Matsia Properties Portfolio asks for $94/SF.
Matsia Properties Portfolio totals 66,564 square feet.
Matsia Properties Portfolio was built in 1941.
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