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Mapes Avenue Bronx

2 Residential Properties Offered at £2,923,037 in Bronx, NY

Investment Highlights

  • Bronx Portfolio
  • Walking distance to the 2 & 5 subway lines
  • 10% CAP

Executive Summary

Safdie Realty Group has been exclusively retained to sell 2048 & 2052 Mapes Avenue. The subject properties are located between East 179th Street & East 180th Street in Crotona, Bronx. The properties offer 26 apartments, thirteen in each building. Both properties are respectively built 33 ft x 89 ft, offering approximately 11,748 square feet & 32,972 square feet of air rights R7-1 Zoning. 2048 & 2052 Mapes Avenue sits on a 33 ft x 145 ft lots. The properties are located within walking distance to the 2 & 5 subway lines.

Property Facts

Price £2,923,037
Price / SF £124.41 / SF
Net Initial Yield 10.13%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 23,496 SF
Total Land Area 0.22 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2052 Mapes Ave, Bronx, NY 10460 Residential 11,748 SF 1931 -
2048 Mapes Ave, Bronx, NY 10460 Residential 11,748 SF 1911 -
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  • Listing ID: 33043439

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: Mapes Avenue Bronx, Bronx, NY

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