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Three-Property Walk-Up Multifamily Portfolio
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762 766 & 770 Union Avenue, Bronx, NY 10455

Three contiguous 4-story walk-up buildings provide 24 total units with a 421a tax exemption expiring in 2030.

Property Size28,502 SF
Days on Market132

Property Features for 762 766 & 770 Union Avenue

General Information

Standard status Active
Size 28,502 SF
Property subtype Multifamily

Additional Details

Multifamily Units 24

Building Details

Stories 4
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Jason Gold · License #NY 10301214771
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 6:33AM

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 Ariel Property Advisors

Investment Insights

Based on property information with market context.

Ariel Property Advisors presents 762, 766 & 770 Union Avenue, a package of three contiguous 8-unit walk-up multifamily buildings. The buildings are 4 stories and together total 24 units in 28,502 square feet. Unit mix includes two one-bedroom apartments, eight two-bedroom apartments, and fourteen three-bedroom apartments.

The property is located on the west side of Union Avenue between Westchester Avenue and East 156th Street in the Longwood section of the Bronx. Access to public transportation is available nearby, including the 2/5 trains two blocks away on Prospect Avenue and Westchester Ave, and the 6 train within walking distance at Longwood Avenue and Southern Boulevard.

The full portfolio is encumbered by a 421a Tax Exemption expiring in 2030 and is under Tax Class 2B.

Key Highlights

  • Package of three contiguous 4‑story walk‑up multifamily buildings at 762, 766 & 770 Union Avenue
  • Total of 24 units in 28,502 SF: 2 one‑bedroom, 8 two‑bedroom, and 14 three‑bedroom apartments
  • 421a tax exemption in place expiring in 2030

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Skin Care Clinic Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,527
Businesses Nearby

Demographics for 10455, NY

43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three contiguous 4-story walk-up buildings provide 24 total units with a 421a tax exemption expiring in 2030.
Where is this apartment building located?
The property is located at 762 766 & 770 Union Avenue Bronx, NY.
What are key features of this property?
This property features: Package of three contiguous 4‑story walk‑up multifamily buildings at 762, 766 & 770 Union Avenue; Total of 24 units in 28,502 SF: 2 one‑bedroom, 8 two‑bedroom, and 14 three‑bedroom apartments; 421a tax exemption in place expiring in 2030
(212) 544-9500 Call to check price and availability
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