2300 Sedgwick Avenue, Bronx, NY 10468
82-unit elevator apartment building near transit and Bronx Community College, offering a mix of one-, two-, and three-bedroom homes.
- Added:
- Jun 5, 2026
- Days on Market:
- 26
- Last Refresh:
- Jun 20 at 7:52 am
Property Features for 2300 Sedgwick Avenue
General Information
- Standard status
- Active
- Size
- 92,748 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1927
Listing office Marcus & Millichap - Manhattan
Listing date Jun 5, 2026
Source Crexi
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
HighLights
- 82‑unit elevator apartment building built in 1927 with 92,748 SF
- Residential‑only property with a diversified unit mix of 1-, 2-, and 3‑bedroom apartments
- In‑place occupancy with strong, consistent cash flow per the provided remarks
- Pro forma gross residential income projected at approximately $1.34M and estimated pro forma NOI of $468,376
- Projected cap rate of 7.2% with average monthly rent of approximately $1,366 per unit
- Located off West Fordham Road with a short walk to the Fordham Road 4 train and near Bronx Community College and James J. Peters VA Hospital
Overview
The building is located right off West Fordham Road in the University Heights submarket of the Bronx. It is a short walk to the Fordham Road 4 train and near Bronx Community College and the James J. Peters VA Hospital. The property is also positioned outside the University Heights Bridge, providing direct access into Inwood.
For buyers and operators, this is a residential-focused asset with in-place tenancy referenced as strong, and with long-term housing demand described as consistent within a supply-constrained New York City submarket. The offering includes forward-looking financial projections of approximately $1.34 million in pro forma gross residential income and an estimated pro forma NOI of $468,376, based on a projected 7.2% cap rate.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.908601
- Latitude
- 40.86244