New Elevator Building in Fordham

2073 Ryer Ave, Bronx, NY 10457

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For Sale

$9,400,000

Newly constructed apartment building with active tax abatement and high rents.

Type:Multifamily

HighLights

Newly constructed elevator building (completed December 2024).
Benefit from an active 421‑a tax abatement with 34 years remaining, resulting in a low annual tax bill of $2,211.
High average rent of $3,613 per apartment through Section 8 vouchers.
All leases include 421‑a riders, ensuring units revert to free market status after abatement expiration.
Meticulously maintained asset.
Located in Fordham, between East Burnside Avenue and East 180th Street.

We can help!

Listing Contact

Seth Glasser

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For Sale

$9,400,000

Newly constructed apartment building with active tax abatement and high rents.

Type:Multifamily

Added:: Apr 3, 2026
Days on Market:: 67
Last Refresh:: Apr 3 at 4:55 am

Property Features for 2073 Ryer Ave

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Seth Glasser

Listing agent Seth Glasser License #NY: 10301209629

Listing office New York City Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of New York City Office

HighLights

Newly constructed elevator building (completed December 2024).
Benefit from an active 421‑a tax abatement with 34 years remaining, resulting in a low annual tax bill of $2,211.
High average rent of $3,613 per apartment through Section 8 vouchers.
All leases include 421‑a riders, ensuring units revert to free market status after abatement expiration.
Meticulously maintained asset.
Located in Fordham, between East Burnside Avenue and East 180th Street.

Overview

The property at 2073 Ryer Avenue is a newly constructed elevator building located in Fordham, between East Burnside Avenue and East 180th Street. The building received its final certificate of occupancy in December 2024. The property benefits from an active 421-a tax abatement, resulting in a current annual tax bill of $2,211, with 34 years remaining until expiration. The average rent is $3,613 per apartment through section 8 vouchers. All leases include the proper 421-a riders, confirming that each unit will revert to free market status once the 421-a abatement term concludes.

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Local Demand

City: Bronx
County: Bronx
State: New York
Longitude: -73.901223
Latitude: 40.852813

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For sale
Apartment buildings
NY
Bronx
10457
2073 Ryer Ave

What type of property is this?

Apartment building - Newly constructed apartment building with active tax abatement and high rents.

Where is this apartment building located?

The property is located at 2073 Ryer Ave Bronx, NY.

What is the asking price?

The asking price for this property is $9,400,000.

What are key features of this property?

This property features: Newly constructed elevator building (completed December 2024).; Benefit from an active 421‑a tax abatement with 34 years remaining, resulting in a low annual tax bill of $2,211.; High average rent of $3,613 per apartment through Section 8 vouchers.

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2073 Ryer Ave, Bronx, NY 10457

Newly constructed apartment building with active tax abatement and high rents.

Property Features for 2073 Ryer Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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FAQs

2073 Ryer Ave, Bronx, NY 10457

Newly constructed apartment building with active tax abatement and high rents.

Property Features for 2073 Ryer Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Established Laundromat Business For Sale

Versatile Commercial Property in Bronx, NY

Renovated Detached Brick Multi-Family Home

Renovated Multifamily Property, Bronx, NY

Spacious Two-Family Bronx Property

Bronx Two-Family Home For Sale

Industrial Auto Repair Warehouse

Charming Bronx Multi-Family Home

Retail Storefront Redevelopment Opportunity

Bronx Multifamily Investment Opportunity

Well-Maintained Bronx Two-Family Home

Spacious Bronx Two-Family Home

FAQs

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