2381 BELMONT AVENUE

For Sale - Bronx - Belmont

$2,425,000

Net Operating Income: $128,283

Ic expand

Key Details

Property Type
Mixed Use
Neighborhood
Belmont
Property Dimensions
25.0 x 64.0
Property Area
10,874 sq.ft.
Total Units:
9
Stories:
6
NOI
$128,283
Price
$2,425,000

Listing Description

Joshua Banilivy of Friedman Roth has been retained on an exclusive basis to arrange for the sale of 2381 Belmont Avenue. The subject property is located in the Fordham section of the Bronx also known as "Little Italy". The subject offering is a newly constructed, mixed use six story elevator building which is comprised as seven residential units (Most of which have outdoor balconies/terraces) and two ground floor commercial units. The property was constructed in 2006 and benefits from a 421A tax exemption which is set to expire in year 2034.

Property Details

Block/Lot:
3074/30
Lot Dimensions
25.0 x 87.5
Lot Area
2,185 sq.ft
Zoning:
R6
FAR as Built:
4.98
Max FAR:
4.8
Joshua BanilivyFriedman Roth
Contact Agent Download Listing Flyer

Sales & Transactions

AddressSale PriceSale DateProperty Type
485 EAST 188TH STREET$6,100,00001/17/2018Mixed Use
663 CRESCENT AVENUE$5,085,00012/15/2016Mixed Use
2482 HOFFMAN$800,00009/28/2016Mixed Use
2480 BELMONT AVENUE$4,825,00009/13/2016Mixed Use
689 EAST 187 STREET$1,605,00005/16/2016Mixed Use
2477 ARTHUR AVENUE$800,00004/19/2016Mixed Use
633 EAST 186TH STREET$3,907,50001/19/2016Mixed Use
625 CRESCENT AVENUE$450,00001/07/2016Mixed Use
2373 ARTHUR AVENUE-11/19/2015Mixed Use
566 EAST 187TH STREET$3,127,50010/29/2015Mixed Use