27-Unit Multifamily Investment
For Sale
$4,499,999
1907 Southern Blvd The, Bronx, NY 10460
2015-built 27-unit multifamily building with two upgraded vacant units and 421-A tax abatement in place.
Property Size20,988 SF
Days on Market52
Property Features for 1907 Southern Blvd The
General Information
Standard status
Active
Size
20,988 SF
Property subtype
Commercial
Additional Details
Multifamily Units
27
Taxes and HOA fees
Annual Taxes
$17,925
Building Details
Building Size
20,988 SF
Year Built
2015
Units
27
Listing Agency:
eXp Realty
Listed By:
Manuel Galan
(917) 599-8976
Source:
Elliman
Added: Jul 16
Changed: Sep 2
Last Checked: Sep 4 at 2:16PM
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 eXp Realty
Investment Insights
Based on property information with market context.
1907 Southern Blvd is a 27-unit multifamily property built in 2015, offering an investor an updated residential income asset. The property has two currently vacant units that have been upgraded and are ready for new tenancy. Tenants pay their electric, supporting a straightforward utility structure.
The building is located in the East Tremont section of the Bronx. A 421-A tax abatement is in place, and the offering notes an opportunity for an assumable below-market debt structure. Additional income, tax abatement, rent-roll, and other information are available for qualified parties upon request.
The building is located in the East Tremont section of the Bronx. A 421-A tax abatement is in place, and the offering notes an opportunity for an assumable below-market debt structure. Additional income, tax abatement, rent-roll, and other information are available for qualified parties upon request.
Key Highlights
- 2015‑built 27‑unit multifamily building in the East Tremont section of the Bronx
- 421‑A tax abatement is in place
- Two vacant units have been upgraded and are ready for new tenancy
Property Analytics
Property Profile
Current Use
Lease Details
27
Residential units
Location Intelligence
Trade Area within ½ mile
3,024
Businesses Nearby
Explore this area
Business Placement
Demographics for 10460, NY
62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
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 - 2015-built 27-unit multifamily building with two upgraded vacant units and 421-A tax abatement in place.
Where is this apartment building located?
The property is located at 1907 Southern Blvd The Bronx, NY.
What is the asking price?
The asking price for this property is $4,499,999.
What are key features of this property?
This property features: 2015‑built 27‑unit multifamily building in the East Tremont section of the Bronx; 421‑A tax abatement is in place; Two vacant units have been upgraded and are ready for new tenancy
