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Fully Occupied 26-Unit Multifamily

2037 Hughes Avenue, Bronx, NY 10457

For Sale
$1,900,000

A 26-unit multifamily property offered for sale and currently fully occupied with no vacancies.

Property Size21,669 SF
Price / SF$87.68
Days on Market110

Property Features for 2037 Hughes Avenue

General Information

Standard status Active
Size 21,669 SF
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 11.4%
Multifamily Units 26

Amenities

2037 Hughes is a 26-unit multifamily building in the Belmont neighborhood of the Bronx.
100% Rent-Stabilized | Zoning: R7-1 | Tax Class: 2
Convenient access to Bronx Park, the New York Botanical Garden, healthcare facilities, shopping, restaurants, and public transportation.

Building Details

Building Size 21,669 SF
Units 26
Tenancy Multi
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Seth Glasser
Source: Marcusmillichap
Added: Jul 24 Changed: Nov 3 Last Checked: Nov 10 at 5:09AM

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

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Investment Insights

Based on property information with market context.

2037 Hughes Avenue is a 26-unit multifamily asset totaling approximately 21,669 square feet, with all units currently occupied and no reported vacancies. The building consists entirely of residential units.

Located in the Belmont section of the Bronx, the property is described as being near the Fordham Road retail corridor, Bronx Park, the New York Botanical Garden, major healthcare institutions, and national retailers. The remarks also reference access to public transportation options.

For investors and operators, the property’s current in-place occupancy and residential unit mix are positioned to support immediate continuity while considering future rent and operations under the existing configuration.

Key Highlights

  • 26‑unit multifamily property in the Belmont section of the Bronx
  • Approximately 21,669 SF and currently fully occupied with no current vacancies
  • All‑residential unit mix

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

26
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,558
Businesses Nearby

Demographics for 10457, NY

77,488
Population
27,795
Households
2.8
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
1.3 sq mi
ZIP Area
59,606
Density / Sq Mi
$44,911
Median Household Income
$30,564
Median Earnings
$1,400
Median Rent
$336,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Apartment buildings in Bronx

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A 26-unit multifamily property offered for sale and currently fully occupied with no vacancies.
Where is this apartment building located?
The property is located at 2037 Hughes Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 26‑unit multifamily property in the Belmont section of the Bronx; Approximately 21,669 SF and currently fully occupied with no current vacancies; All‑residential unit mix
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