Franklin Avenue Portfolio, NY

Listed on Nov 7, 2024

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Multi-family

Property Type

No NOI data

Net Operating Income (NOI)

154 unit(s)

Total Units

No CAP data

CAP RATE

154

Leasable Doors

$137,662

Price per unit

Apartment

Subtype

  • Package of two (2) multifamily elevator and one (1) walk-up building located in the Morrisania section of the Bronx
  • Consists of 147 residential units, 7 commercial units and spans a total of 161,591 gross square feet
  • Unit Breakdown is comprised of seventy-six (76) 1-bedroom apartments, fifty (50) 2-bedrooms apartments, twenty-one (21) 3-bedrooms apartments, and seven (7) commercial units
  • Transportation is in abundance surrounding all three (3) buildings as the properties are in close proximity to the 2/5 subway lines on Freeman Street and the Metro-North train station
  • The properties benefit from its prime location surrounded by major retail thoroughfares such as Jerome/Webster Avenue and East 170th Street

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