INVICTUS Property Advisors has been hired on an exclusive basis for the sale of 2381 Belmont Avenue in the Little Italy submarket of The Bronx. The subject property is a six (6) story mixed-use elevator building. The property was developed in 2006 and benefits from a 421-A Tax Abatement which is scheduled to expire on 6/30/2034. Upon expiration of the 421-A, all of the residential units which are currently rent stabilized will become free market. There is approximately an additional $28,536 in gross annual preferential residential income that could be realized in the event there is tenant turnover.