2235 Bassford Avenue, NY
Corner 32 Unit Walk-Up Multifamily Property in Belmont
Overview
Key Highlights
- Price $3,250,000
- Units 32
- $/Unit $101,563
- Cap Rate 11.25%
Investment Highlights
• Double corner property within a short walk to prime Little Italy Belmont, St. Barnabas Hospital, Fordham University, & E Fordham Road Commercial District
• Unit Breakdown is comprised of (17) one bedrooms, (11) two bedrooms, (3) three bedrooms, & (1) four bedroom unit
• Benefits from a J-51 alteration that are set to expire in 2029
• Abundance of national/local commercial tenants are accessible for residents on Grand Concourse, E Fordham Road, & Third Avenue
• Transportation is in abundance as the B/D subway lines and the Metro North (Fordham Station) are all within a 10 minute walk of the property
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