Mid-Block Walk-Up Apartment
For Sale
Contact for pricing
Pending
729 Adee Ave The, Bronx, NY 10467
Seventeen-unit Bronx walk-up with a mix of one-, two-, and three-bedroom apartments near the 2 and 5 lines.
Days on Market113
Property Features for 729 Adee Ave The
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
17
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Manhattan
Listed By:
Seth Glasser · License #NY 10301209629
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 31 at 11:09AM
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 Marcus & Millichap - Manhattan
Investment Insights
Based on property information with market context.
729 Adee Avenue is a mid-block 17-unit walk-up apartment building in the Bronxwood neighborhood. The property is family owned and operated for over a decade. The unit mix includes 10 one-bedroom apartments, 6 two-bedroom apartments, and 1 three-bedroom apartment. The offering materials also note little deferred maintenance.
The building is positioned between Holland Avenue and Cruger Avenue and is conveniently located a short walk to the 2 and 5 Burke Avenue station.
For buyers evaluating income potential, the remarks cite approximately $30,000 in preferential rents as a component of future upside. The property’s configuration and unit mix support steady residential income generation within a straightforward walk-up format.
The building is positioned between Holland Avenue and Cruger Avenue and is conveniently located a short walk to the 2 and 5 Burke Avenue station.
For buyers evaluating income potential, the remarks cite approximately $30,000 in preferential rents as a component of future upside. The property’s configuration and unit mix support steady residential income generation within a straightforward walk-up format.
Key Highlights
- 17‑unit walk‑up multifamily building at 729 Adee Avenue in the Bronxwood neighborhood
- Apartment mix: 10 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom apartments
- Mid‑block location between Holland Ave and Cruger Ave
Property Analytics
Current Use
Lease Details
17
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seventeen-unit Bronx walk-up with a mix of one-, two-, and three-bedroom apartments near the 2 and 5 lines.
Where is this apartment building located?
The property is located at 729 Adee Ave The Bronx, NY.
What are key features of this property?
This property features: 17‑unit walk‑up multifamily building at 729 Adee Avenue in the Bronxwood neighborhood; Apartment mix: 10 one‑bedroom, 6 two‑bedroom, and 1 three‑bedroom apartments; Mid‑block location between Holland Ave and Cruger Ave