Listed by RIPCO Real Estate
$3,500,000
883 Bryant Avenue
Details
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 25,523
Units 41
NOI $583,307
Tenancy Vacant
Price per SqFt $137
Buildings 1
Stories 8
Lot Size (SqFt) 5,000
Zoning ZFA
STALLED CONSTRUCTION SITE WITH PLANS TO BUILD 40 UNITS + COMMUNITY FACILITY
Marketing description
Ripco Real Estate has been retained on an exclusive basis to arrange for the sale of 883 Bryant Avenue? an 8-story mixed-use elevator building currently under construction.
This property, designed to feature 40 residential units and a significant community facility, offers a compelling opportunity in senior housing. Positioned in a key Bronx location, it benefits from excellent public transit accessibility and future developments like the upcoming Metro-North station
Investment highlights
- Type: Mid-construction mixed-use building for senior housing with 421a renewed until 2031
- Size: 25,523 SF with 40 residential units and one community facility unit.
- Amenities: Elevator access, shared laundry room, Wi-Fi in common areas, recreation room, security cameras.
- Interior Features: Hardwood flooring, granite countertops, white laminate cabinets, stainless steel kitchen appliances.
- Outdoor Features: Select units with patios or balconies.
- Accessibility: Near Hunts Point and Intervale Ave Subway stations; close to a future Metro-North station.
Listing Contacts
Listed by RIPCO Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$583,307.00
$48,608.92/mo
Valuation Metrics
0
DSCR
16.67%
Cap Rate
16.67%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
