www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26899214

1240 Walton Ave, NEW YORK, NY 10452

SM
NY 10301207794
Meridian Capital Group Midtown
Listed by Meridian Capital Group Midtown
$11,750,000
268 days on market
Updated 67 days ago

1240 Walton Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 171,044
Year Built 1928
Zoning R8
Investment Type Stabilized

Multifamily

Marketing description

Built in 1928, 1240 Walton Avenue (AKA 100 East 168th Street) is a 6-story 2 S/S elevator apartment building that has 171,044 SF and includes 157 apartments & 1 store. Located on the SE corner of Walton Avenue and East 168th Street, Concourse Village is enriched by prominent landmarks such as Yankee Stadium and Joyce Kilmer Park.

The Grand Concourse, a wide boulevard inspired by the Champs-Élysées, runs through the area, offering a diverse range of amenities including dining, shopping, and cultural institutions.

Asking Price: $11,750,000 | $73,899 PPU | $69 PPSF | 5.6x GRM | 6.4% Cap Rate

Investment highlights

  • SE Corner of Walton Avenue and East 168th Street

  • Steps from the Grand Concourse

  • 6-Story S/S Elevator Building

  • 157 Apartments & 1 Store | 171,044 SF

  • Article XI Tax Abatement Until 2060

Listing Contacts

SM
NY 10301207794
Meridian Capital Group Midtown
Listed by Meridian Capital Group Midtown

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
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591