2123 NEWBOLD AVENUE

For Sale - Bronx - Unionport

$820,000

Net Operating Income: $38,212

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Key Details

Property Type
MultiFamily
Neighborhood
Unionport
Property Dimensions
20.0 x 72.0
Property Area
2,880 sq.ft.
Total Units:
5
Stories:
2
NOI
$38,212
Price
$820,000
Price Per Unit
$164,000
Cap Rate
4.7%

Listing Description

2123 Newbold Avenue is sited on a large lot with room for development where Unionport meets Parkchester in The Bronx. Two blocks from the Castle Hill Avenue subway station and the 6 train, the property is perfectly situated in a thriving residential community with plenty of upside for growth. From unique local businesses such as Havana Cafe to major chains such as Planet Fitness, the community is also served by large department stores Macy's and Marshalls in Parkchester. Three blocks from the Cross Bronx Expressway - I-95, easily accessible to Bronx Zoo, New York Botanical Garden, Bronx Night Market, Fordham and Albert Einstein.

Property Details

Block/Lot:
3814/78
Lot Dimensions
53.75 x 253.08
Lot Area
5,454 sq.ft
Zoning:
R5
FAR as Built:
0.53
Max FAR:
2.0
Andrea Saturno SanjanaBrown Harris Stevens
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Sales & Transactions

AddressSale PriceSale DateProperty Type
1946 CHATTERTON AVENUE$525,00007/19/2018MultiFamily
770 OLMSTEAD AVENUE$715,00006/20/2018MultiFamily
1958 CROSS BRONX EXPRESSW$680,00006/05/2018MultiFamily
1272 WHITE PLAINS ROAD$655,00004/02/2018MultiFamily
2068 STORY AVENUE$598,00003/15/2018MultiFamily
2133 BLACKROCK AVENUE$530,00002/20/2018MultiFamily
1976 ELLIS AVENUE$770,00002/12/2018MultiFamily
2139 BRUCKNER BLVD$700,00001/30/2018MultiFamily
2137 BRUCKNER BOULEVARD$700,00001/30/2018MultiFamily
431 ZEREGA AVENUE$649,00001/29/2018MultiFamily