Fully Occupied 26-Unit
For Sale
$2,200,000
2037 Hughes Avenue, Bronx, NY 10457
A 26-unit multifamily property offered for sale and currently fully occupied with no vacancies.
Property Size21,669 SF
Price / SF$101.53
Days on Market19
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
(212) 430-5136
Listed By:
Seth Glasser · License #License(s): NY: 10301209629
(212) 430-5136
Source:
Marcusmillichap
Added: Jul 24
Changed: Aug 8
Last Checked: Aug 11 at 4:41AM
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.
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.
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
Property Profile
Current Use
Lease Details
26
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,558
Businesses Nearby
Explore this area
Business Placement
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
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 - 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 $2,200,000.
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
