Six-Elevator Multifamily
For Sale
Contact for pricing
Pending
309 E 164th St The, Bronx, NY 10456
Portfolio includes six multifamily elevator buildings totaling 297 units with a mix of studio through 3-bedroom apartments.
Property Size314,590 SF
Days on Market132
Property Features for 309 E 164th St The
General Information
Standard status
Pending
Size
314,590 SF
Property subtype
Multifamily, Office
Additional Details
Multifamily Units
297
Building Details
Tenancy
Multi
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Victor Sozio · License #NY 10301211469
Source:
Crexi
Added: Apr 12
Changed: Aug 16
Last Checked: Aug 20 at 8:57PM
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.
This for-sale package consists of six multifamily elevator buildings containing 297 total units and approximately 314,590 gross square feet across the portfolio. The unit mix includes fourteen studio apartments, sixty-seven 1-bedroom apartments, one hundred ninety-six 2-bedroom apartments, nineteen 3-bedroom apartments, and one office unit. Each building benefits from a J-51 tax alteration, currently set to expire in 2027/2028.
Transportation access is described as abundant, with several subway lines nearby on 167th Street and additional access near the Metro-North Melrose Station. The portfolio is also described as being near major retail and commercial corridors, including the East 170th Street and Jerome Avenue areas, with proximity to East 161st and 167th Street commercial options.
Overall, the package is configured as a managed residential income portfolio with an elevator-based building design and a diversified apartment unit mix, supported by the stated J-51 benefits across all six buildings.
Transportation access is described as abundant, with several subway lines nearby on 167th Street and additional access near the Metro-North Melrose Station. The portfolio is also described as being near major retail and commercial corridors, including the East 170th Street and Jerome Avenue areas, with proximity to East 161st and 167th Street commercial options.
Overall, the package is configured as a managed residential income portfolio with an elevator-based building design and a diversified apartment unit mix, supported by the stated J-51 benefits across all six buildings.
Key Highlights
- Six multifamily elevator buildings portfolio with 297 total units
- 314,590 gross square feet across the six‑building package
- Unit mix includes 14 studios, 67 one‑bedrooms, 196 two‑bedrooms, and 19 three‑bedrooms plus 1 office unit
Property Analytics
Property Profile
Current Use
Lease Details
297
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,969
Businesses Nearby
Explore this area
Business Placement
Demographics for 10456, NY
93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes six multifamily elevator buildings totaling 297 units with a mix of studio through 3-bedroom apartments.
Where is this apartment building located?
The property is located at 309 E 164th St The Bronx, NY.
What are key features of this property?
This property features: Six multifamily elevator buildings portfolio with 297 total units; 314,590 gross square feet across the six‑building package; Unit mix includes 14 studios, 67 one‑bedrooms, 196 two‑bedrooms, and 19 three‑bedrooms plus 1 office unit
