OFF MARKET- Newly Built 25 Unit Multifamily Elevator Building
Property Overview
Location: Highbridge
Built Square Footage:
Lot Size: 5,000 Square Feet
Description: Subject Property is Newly Built Seven Story Elevator Apartment Building Containing 25 Apartments plus 8 Parking Spaces. The Building has18,800 Total Usable Square Feet. Property is in the Bronx and is approximately 35 minutes from NYC. Built 2023. 24 (96%) of the 25 units will be Affordable Housing Units. 421A Tax Exemption - 35-year abatement that phases out in the last ten years based on the percentage of affordable units provided at the property.
Investment Highlights
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Contact Us
President
Andrew Lichtenstein, Inc.
5770 Palisade Avenue Riverdale,
New York 10471
(800) 242-9888 or (718) 549-5999
Email: AL@LichtensteinRE.com
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ANDREW LICHTENSTEIN, INC. (Licensed Real Estate Broker) Commercial Real Estate Sales and Mortgage Financing
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