Bronx Multifamily and Retail
For Sale
$2,600,000
Pending
143 Lincoln Ave The, Bronx, NY 10454
Multifamily property with retail spaces and development potential.
Property Size23,800 SF
Lot Size0.29 Acres
Days on Market167
Property Features for 143 Lincoln Ave The
General Information
Standard status
Pending
Size
23,800 SF
Lot size
0.29 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$86,920
Building Details
Building Size
23,800 SF
Year Built
1910
Units
29
Listing Agency:
Keller Williams Realty NYC Group
(718) 697-6800
Listed By:
Emmanuel Heredia
(718) 697-6800
Source:
Elliman
Added: Mar 10
Changed: Aug 21
Last Checked: Aug 22 at 9:38AM
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 Keller Williams Realty NYC Group
Investment Insights
Based on property information with market context.
Located in the Port Morris section of the Bronx, 143-153 Lincoln Avenue is a property featuring six brick, 4-story walk-up buildings. The property spans 12,500 sq. ft. and includes 29 residential units and two commercial spaces. The residential units consist of a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing rental income. The commercial spaces are leased to thriving small businesses. The expansive lot offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Situated one block from the 3rd Avenue Bridge, the property provides access to Manhattan and major highways. The surrounding neighborhood is undergoing growth and revitalization, making this an opportunity for investors seeking both immediate cash flow and long-term value appreciation.
Key Highlights
- Prime investment opportunity in the growing Port Morris section of the Bronx.
- Steady rental income from 29 residential units and two commercial spaces.
- Development potential for up to 11 additional residential units and 1 commercial space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,370
Businesses Nearby
Explore this area
Business Placement
Demographics for 10454, NY
40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
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 - Multifamily property with retail spaces and development potential.
Where is this apartment building located?
The property is located at 143 Lincoln Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Prime investment opportunity in the growing Port Morris section of the Bronx.; Steady rental income from 29 residential units and two commercial spaces.; Development potential for up to 11 additional residential units and 1 commercial space.
