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    143 Lincoln Ave Bronx, NY 10454

    Pending
    For Sale
    $2,600,000

    Multi Family - Bronx, NY

    Type:Single Family Attached
    Property size:
    23,800 SF
    Lot size:
    0.29 Acres
    Days on Market:
    260
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 143 Lincoln Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    APN
    02317-0043
    Size
    23,800 SF
    Lot size
    0.29 Acres

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1910
    Number of units
    29
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty NYC Group (718) 697-6800 [email protected]

    Listing agent Emmanuel Heredia (718) 697-6800 License #10401307706

    Listing date Mar 31, 2025

    MLS# 800233 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Multifamily Investment Opportunity

    Located in the Port Morris section of the Bronx, the property at 143-153 Lincoln Avenue presents an investment opportunity with growth potential. The property includes six brick, 4-story walk-up buildings. The total area spans 12,500 sq. ft. The buildings contain 29 residential units and two commercial spaces. The residential units consist of a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing rental income. The commercial spaces are leased to small businesses. The lot size is 0.287 acres. Preliminary studies suggest development potential, with up to 11 additional residential units and 1 commercial space potentially buildable. Situated one block from the 3rd Avenue Bridge, the property provides access to Manhattan and major highways. The surrounding neighborhood is undergoing growth and revitalization.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.929188172038
    Latitude
    40.80861995

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained property with 29 residential units and two commercial spaces.
    Where is this apartment building located?
    The property is located at 143 Lincoln Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in the growing Port Morris section of the Bronx.; - Steady rental income from 29 residential units (mix of 1- and 2-bedroom apartments) and two commercial spaces.; - Development potential to add up to 11 residential units and 1 commercial space.
    (718) 697-6800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    143 Lincoln Ave Bronx, NY 10454
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