Off-Market Offering
Off-Market Deal in Bronx
$1,800,000
Investment Highlights
Morris Heights Bronx 9-unit multifamily property. New construction. 4 stories brick fully attached 24x81 built on 25x106 lot (8,340 sqft) approx 30 years remaining on 35-year 421A tax abatement. Mix of studio, 1-bed, and 2-bed units. fully occupied with strong tenant mix. $146k NOI in place. asking $1.8m negotiable (8.11% cap / $225k per door)
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.