Franklin Avenue Portfolio, NY

Three Multifamily & Mixed-Use Buildings Containing 154 Units

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Overview

Key Highlights

Price $21,200,000
$/SF $131
Units 154
$/Unit $137,662
Gross SF 161,591

Key Facts

• 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