

1240 Walton Avenue
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
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