Bronx Rent Stabilized Portfolio

724 - 728 E 187th St, The Bronx, NY 10458

Property Information

  • For Sale $3,750,000
  • Property Type Multi-Family
  • Property Size 28,000 SF
  • Units 35
  • Lot Size 7,000 SF
  • Cap Rate % 7.56
  • Zoning R7-1
  • # of Floors 5
  • Date Updated Sep 16, 2025

Description

All properties in the Bronx Rent Stabilized Portfolio can be purchased separately or together for $14,500,000.

Located on the Southeast corner of 187th Street & Crotona Avenue.

Unit breakdown is comprised of one (1) studio apartment, twenty-one (21) 1-bedroom apartments, eight (8) 2-bedroom apartments, five (5) 3-bedroom apartments, and five (5) commercial units.

Within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District.

Few blocks from the famous Arthur Avenue, offering immediate access to popular eateries in the heart of The Bronx’s Little Italy.

Major retailers in the area include national brands Best Buy, Dollar Tree, Starbucks, and Chipotle.

The building’s close proximity to Fordham University makes it a natural destination for the area’s many students seeking quality housing options.

Midtown Manhattan & Westchester County can be reached within a 30-minute train ride from the Fordham Metro North Station.

 

 

 

Contacts

Daniel Mahfar

Ariel Property Advisors

Shimon Shkury

Ariel Property Advisors

Victor Sozio

Ariel Property Advisors

Jake Brody

Ariel Property Advisors

Erik Moloney

Ariel Property Advisors

Location

Located at 724 - 728 E 187th St, The Bronx, NY 10458, this property is part of the Belmont neighborhood and Bronx market.

Contact Bronx Rent Stabilized Portfolio
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