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    New Elevator Building in Fordham Title is generated by Realmo AI

    2073 Ryer Ave, Bronx, NY 10457

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    For Sale
    $9,400,000

    Newly constructed apartment building with active tax abatement and high rents.

    Type:Multifamily
    Added:
    Apr 3, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 3 at 4:55 am

    Property Features for 2073 Ryer Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Seth Glasser

    Listing agent Seth Glasser License #NY: 10301209629

    Listing office New York City Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

    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 New York City Office

    HighLights

    • Newly constructed elevator building (completed December 2024).
    • Benefit from an active 421‑a tax abatement with 34 years remaining, resulting in a low annual tax bill of $2,211.
    • High average rent of $3,613 per apartment through Section 8 vouchers.
    • All leases include 421‑a riders, ensuring units revert to free market status after abatement expiration.
    • Meticulously maintained asset.
    • Located in Fordham, between East Burnside Avenue and East 180th Street.

    Overview

    The property at 2073 Ryer Avenue is a newly constructed elevator building located in Fordham, between East Burnside Avenue and East 180th Street. The building received its final certificate of occupancy in December 2024. The property benefits from an active 421-a tax abatement, resulting in a current annual tax bill of $2,211, with 34 years remaining until expiration. The average rent is $3,613 per apartment through section 8 vouchers. All leases include the proper 421-a riders, confirming that each unit will revert to free market status once the 421-a abatement term concludes.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.901223
    Latitude
    40.852813

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    FAQs

    What type of property is this?
    Apartment building - Newly constructed apartment building with active tax abatement and high rents.
    Where is this apartment building located?
    The property is located at 2073 Ryer Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $9,400,000.
    What are key features of this property?
    This property features: Newly constructed elevator building (completed December 2024).; Benefit from an active 421‑a tax abatement with 34 years remaining, resulting in a low annual tax bill of $2,211.; High average rent of $3,613 per apartment through Section 8 vouchers.
    (212) 430-5136
    We can help!
    Listing Contact
    Seth Glasser
    Real Estate License ID: NY: 10301209629
    Learn More
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