2029-2031 Burr Avenue, New York City, NY 10461

Investment Property Realty Group (IPRG) has been exclusively hired to sell 2029-2031 Burr Avenue located in the Pelham Bay section of the Bronx. The subject deal consists of two walk up brick apartment buildings.

2029 Burr Avenue is a 2-story free market three-unit building. The apartments are broken into one 3- bedroom apartment, one 2-bedroom apartment, and one 4-bedroom apartment.

2031 Burr Avenue is four story- eight unit building that was built in 2006. Given that the 421A tax abatement has expired, once a tenant leaves the unit will become free market allowing you to bring the rent up to top of the market. This gives the building a ton of future upside, allowing you to increase the rent roll significantly.

The buildings are in a 2-minute walking distance from the pelham Bay Park subway station (6).