Listing Agency: Besmatch Real Estate Inc.

Listed By: Rob Rivera · License #10401341748

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 6:54PM

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Investment Insights

Based on property information with market context.

This multifamily property includes an additional lot and offers existing building square footage alongside unused development rights. The property has a FAR of 2.43, 12,393 BSF, and 8721 unused FAR. It is located at 816 E 168th St in the Bronx, New York.

Key Highlights

• Multifamily property with additional lot
• 2.43 FAR
• 12,393 BSF

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,708

Businesses Nearby

Explore this area Business Placement

Demographics for 10459, NY

50,984

Population

18,678

Households

2.7

Avg Household Size

34

Median Age

14%

College-Educated

68%

High-School Grad

0.8 sq mi

ZIP Area

63,730

Density / Sq Mi

$39,276

Median Household Income

$30,200

Median Earnings

$1,285

Median Rent

$589,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily asset with an accompanying lot and unused development capacity.

Where is this multifamily property located?

The property is located at 816 E 168th St Bronx, NY.

What are key features of this property?

This property features: Multifamily property with additional lot; 2.43 FAR; 12,393 BSF