- For Sale $94/SF
- Property Type Mixed Use
- Property Size 75,924 SF
- Units 77
- Cap Rate % 7.38
- Zoning R7-1 / C1-4
- # of Floors 6
- 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 ®
89/100
Very Walkable
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Transit Score ®
100/100
Rider's Paradise
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Bike Score ®
69/100
Bikeable
- City The Bronx, NY
- Neighborhood Mott Haven
- Zip Code 10455
Points of Interest
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East 143rd Street–Saint Mary’s Street
0.28 miles
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3rd Avenue–149th Street
0.66 miles
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American Base No.1
0.70 miles
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Intervale Avenue
0.85 miles
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Southern Boulevard (exit only)
0.97 miles
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3rd Avenue–138th Street
1.04 miles
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138th Street–Grand Concourse
1.24 miles
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161st Street–Yankee Stadium
1.50 miles
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Yankees–East 153rd Street
1.56 miles
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Lenox Avenue & 145th Street at Northeast Corner
1.66 miles
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BP
0.53 miles
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Citgo
0.59 miles
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Mobil
0.80 miles
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plugNYC
3.21 miles
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ChargePoint
3.45 miles
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FLO
4.05 miles
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Tesla Supercharger
4.45 miles
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Kelly Street Parking
0.85 miles
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P & P Car Parking
1.00 miles
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Little Man Parking
1.10 miles
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Concourse Plaza Garage
1.18 miles
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153rd Street South Lot
1.36 miles
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153rd Street North Lot
1.37 miles
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Parking Lot F
1.41 miles
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153rd Street Lot
1.44 miles
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153rd Street Garage
1.48 miles
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River Avenue Garage
1.53 miles
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Opera House Hotel
0.53 miles
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Umbrella Hotel
0.65 miles
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Comfort Inn & Suites
1.22 miles
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Super 8
1.29 miles
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Holiday Inn Express
1.32 miles
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Best Western Plus
1.89 miles
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La Maison d'Art Private Gallery
2.13 miles
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St Nicholas Hotel
2.25 miles
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Saint Nicholas Inn
2.25 miles
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Efuru Guest House
2.27 miles
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The Original Venice Restaurant
0.08 miles
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Seis Vecinos
0.27 miles
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Burger King
0.47 miles
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Dunkin'
0.55 miles
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Boston Market
0.56 miles
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Colony Fried Chicken
0.61 miles
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John Pizza
0.61 miles
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Margarita's Mexican Cuisine
0.69 miles
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Popeyes
0.70 miles
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Antojitos Lulu
0.72 miles
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Public School 25
0.04 miles
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Public School 5
0.14 miles
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Gompers Vocational High School
0.14 miles
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Public School 161
0.18 miles
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Foreign Language Academy of Global Studies
0.18 miles
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X754 J M Rapport School Career Development Center
0.19 miles
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Saint Anslems School
0.29 miles
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Public School 62
0.34 miles
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Junior High School 52
0.34 miles
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University Prep Charter High School
0.35 miles
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Prospect Family Support Center
0.46 miles
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Salvation Army: Bronx Citadel
0.84 miles
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East Bronx NAACP Day Care Center
1.64 miles
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Heavens Tiny Tots
2.08 miles
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Kid Krazy
2.13 miles
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Friends & Family Daycare
2.54 miles
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Incarnation Children's Center
2.68 miles
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Sunshine Learning Center
2.71 miles
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Astoria Values
2.72 miles
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Dorothy Day Early Childhood Center
2.74 miles
Frequently Asked Questions
The space currently listed for sale at Matsia Properties Portfolio asks for $94/SF.
Matsia Properties Portfolio totals 75,924 square feet.
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