501 E 234th St
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501 E 234th St
43 Unit Block of Flats £5,883,075 (£136,816/Unit) Bronx, NY 10470
Investment Highlights
- Walking Distance To Woodlawn MTA Station - Harlem Line
- High Barrier To Entry Neighborhood
- Recently Serviced Elevator
- Close Proximity To Bronx River Parkway
- Pride Of Ownership Is Evident
- Large Units
Executive Summary
Redwood Realty Advisors is proud to present this rare opportunity to purchase a large, elevator multi-family property located in Woodlawn, a highly sought after market which demands a rental premium. The unit mix consists of (33) one- bed / one-bath units and (10) two-bed / one-bath units. The property is located within a short walk to the Woodlawn MTA Station which runs the Harlem Line, and is also conveniently located next to the Bronx River Parkway. The elevator was recently serviced and the basement has a laundry room. As units become vacant, they are renovated with updated kitchens, bathrooms, painted walls and polished floors.
Property Facts
| Price | £5,883,075 | Apartment Style | Mid Rise |
| Price Per Unit | £136,816 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.01 AC |
| No. Units | 43 | Building Size | 43,000 SF |
| Property Type | Residential | Number of Floors | 5 |
| Property Subtype | Apartment | Year Built | 1928 |
| Price | £5,883,075 |
| Price Per Unit | £136,816 |
| Sale Type | Investment |
| No. Units | 43 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 43,000 SF |
| Number of Floors | 5 |
| Year Built | 1928 |
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Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (86)
PROPERTY TAXES
| Parcel Number | 03396-0001 | Improvements Assessment | £504,909 |
| Land Assessment | £54,367 | Total Assessment | £559,276 |
PROPERTY TAXES
Parcel Number
03396-0001
Land Assessment
£54,367
Improvements Assessment
£504,909
Total Assessment
£559,276
zoning
| Zoning Code | R4A (Residential) |
| R4A (Residential) |
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Michael Scrima -
Thomas Gorman -
Redwood Realty Advisors
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501 E 234th St
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