1012 Kelly St
Multifamily | 14 Units | $342,329/unit
Marketing description
Located in the heart of Longwood, South Bronx, a rapidly redeveloping residential corridor
Direct access to subway (2 & 5 Lines), bruckner expressway, and major bus routes
Immediate proximity to schools, shopping, health care, supermarkets, and public amenities
Surrounded by new residential developments and essential service infrastructure
Investment highlights
2021 New Construction Multifamily
7-story building with 14 residential units
Class B asset with modern systems
Efficient Small-Balance Investment
13,597 SF total building size
Attractive unit mix supporting stable cash flow
Transit-Oriented Location
Walking distance to 2, 5, and 6 subway lines
Strong connectivity to Manhattan
Excellent Regional Access
LaGuardia: 17 min | JFK: 28 min | Newark: 30 min
Low Maintenance Profile
Newer construction minimizes near-term CapEx
2024 Taxes: approx. $6,052 per unit
Strong Rental Demand Area
Dense residential neighborhood in the Bronx
Consistent tenant demand driven by transit access
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