615 East 189th Street

For Sale$5,750,000

615 East 189th Street, The Bronx, NY 10458

  • Multi-Family

615 East 189th Street, The Bronx, NY 10458 - Multi-Family Space

615 East 189th Street is located at 615 East 189th Street in the Belmont neighborhood, NY, The Bronx, 10458. The Multi-Family building features a total of 14,000 Sqft.

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Details

  • Sale Price $5,750,000
  • City The Bronx
  • Neighborhood Belmont
  • Zip Code 10458
  • Property Type Multi-Family
  • Property Size 14,000 Sqft
  • Lot Size 3,500 Sqft

Description

14,000 GSF 40' Wide Mixed-Use Building - Close-Proximity to Fordham University. Located on the north side of 189th and Hughes Avenue in the Belmont section of the Bronx. Spanning approximately 14,000 square feet, 615 East 189th contains 24 residential units, all of which are rent stabilized, as well as 2 retail units. The unitmix consists of 6 one-bedroom apartments and 18 two-bedroom apartments. Current ownership has improved the building via Major Capital Improvements (MCI) in recent years and also benefits from a 421A tax abatement.

Belmont Demographics

The average household income in zip code 10458 is $44,615, from a total of 27,228 households. In terms of employment, there are 78.69 % white-collar and 21.31 % blue-collar jobs in zip code 10458.

Population

  • Total Population40,141
  • Male Population(47.2 %) 18,938
  • Female Population(52.8 %) 21,203
  • Median Age29.00

Income/Financial

  • Average Household Income$38,572
  • Median Household Income$29,582
  • Median Income Under 25$28,436
  • Median Income 25-44$32,332
  • Median Income 45-64$32,760
  • Median Income Over 65$18,918

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Victor Sozio

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Ariel Property Advisors

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Oliver Elihu

Ariel Property Advisors

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Jason M. Gold

Ariel Property Advisors

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