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Walk-Up Multifamily Portfolio
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943 Fteley Ave The, Bronx, NY 10468

Three contiguous, recently built walk-up buildings totaling 26 units with tenant-paid utilities.

Property Size19,499 SF
Days on Market133

Property Features for 943 Fteley Ave The

General Information

Standard status Active
Size 19,499 SF
Property subtype Multifamily, Office

Additional Details

Multifamily Units 26

Building Details

Stories 4
Tenancy Multi
Listing Agency: Ariel Property Advisors
Listed By: Jason Gold · License #NY 10301214771
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:54AM

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.

The Fteley Avenue Portfolio features three recently built, contiguous four-story walk-up multifamily buildings comprising 26 units. The unit mix includes two studio apartments, thirteen one-bedroom apartments, and ten two-bedroom apartments, along with one office space. Tenants pay for their own utilities.

The buildings are located in the Soundview section of the Bronx. The portfolio is described as having immediate access to multiple transportation options, including nearby 4, B, D, and 6 trains within a short walk.

The properties are encumbered by a 421-A tax exemption expiring in 2031, and are under Tax Class 2B, which provides investors with a limitation on future tax increases.

Key Highlights

  • Package of three contiguous, recently built walk‑up multifamily buildings on Fteley Avenue
  • 943‑947 Fteley Avenue totals 19,499 SF with 26 units across 4‑story buildings
  • Unit mix includes 2 studios, 13 one‑bedroom, 10 two‑bedroom, plus 1 office space

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic Kitchen & Bath Showroom

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

26
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,029
Businesses Nearby

Demographics for 10468, NY

78,238
Population
29,553
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
72%
High-School Grad
1.0 sq mi
ZIP Area
78,238
Density / Sq Mi
$46,624
Median Household Income
$29,914
Median Earnings
$1,594
Median Rent
$259,400
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, recently built walk-up buildings totaling 26 units with tenant-paid utilities.
Where is this apartment building located?
The property is located at 943 Fteley Ave The Bronx, NY.
What are key features of this property?
This property features: Package of three contiguous, recently built walk‑up multifamily buildings on Fteley Avenue; 943‑947 Fteley Avenue totals 19,499 SF with 26 units across 4‑story buildings; Unit mix includes 2 studios, 13 one‑bedroom, 10 two‑bedroom, plus 1 office space
(212) 544-9500 Call to check price and availability
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