Conway Property Advisors
Listed by Conway Property Advisors
$7,100,000
The Mott Haven 3 - Portfolio For Sale
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 31,735
Units 30
Cap Rate 8.37%
NOI $594,186
Tenancy Multi
Rent Bumps Yes
Pro-Forma Cap Rate 8.62%
Pro-Forma NOI $612,012
Price per SqFt $220
Buildings 3
Multifamily | 8.37% CAP | 30 Units
Marketing description
The Mott Haven 3 is a portfolio of three multifamily buildings located in the Mott Haven neighborhood of the Bronx, New York. This offering includes 261 Alexander Avenue, 441 East 140th Street, and 424 East 149th Street, comprising a total of 30 residential units across 31,735 square feet. The properties offer a combined asking price of $7,100,000 with strong investment metrics including an 8.37% cap rate.
Listing Contacts
Conway Property Advisors
Listed by Conway Property Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$594,186.00
$49,515.50/mo
Valuation Metrics
0
DSCR
8.37%
Cap Rate
8.37%
ROI
Map
Zoning
R6 ResidentialMulti FamilyGeneral Residence
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View all 99 uses
View all 99 uses Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics
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