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Newly Built 40-Unit Apartment Building
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2519 Sedgwick Ave The, Bronx, NY 10468

Vacant seven-story elevator property with parking, resident climate control, and a first-floor recreation room.

Property Size38,047 SF
Days on Market144

Property Features for 2519 Sedgwick Ave The

General Information

Standard status Active
Size 38,047 SF
Total Parking Spaces 20
Elevators Yes
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 40

Amenities

Recreation Room

Building Details

Year Built 2023
Buildings 1
Stories 7
Construction masonry
Listing Agency: Andrew Lichtenstein Inc
Listed By: Andrew Lichtenstein · License #NY 31LI0467407
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:25PM

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 Andrew Lichtenstein Inc

Investment Insights

Based on property information with market context.

Completed in 2023, this seven-story masonry apartment property contains 40 residential units and is being delivered vacant. The building includes a cellar, 20 parking spaces—12 enclosed and eight open—and a 905-square-foot recreation room on the first floor. Each apartment is equipped with an individual PTAC system for heating and cooling.

The property is located at 2519 Sedgwick Ave in the Kingsbridge section of The Bronx, with access to public transportation. Reported views extend toward Manhattan, the East River, the Harlem River, the Hudson River, New Jersey Palisade National Park, and the surrounding bluffs. The building totals 38,047 square feet and qualifies for the 485x tax exemption, providing 35 years of benefits: 100% for the first 25 years and 25% for the remaining 10 years.

Key Highlights

  • 40 residential units in a 38,047‑square‑foot building completed in 2023
  • Seven‑story masonry construction with elevator service and a cellar
  • 20 total parking spaces: 12 enclosed and eight open

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40
Residential units

Location Intelligence

Trade Area within ½ mile

4,310
Businesses Nearby

Demographics for 10468, NY

78,238
Population
29,553
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
72%
High-School Grad
1.0 sq mi
ZIP Area
78,238
Density / Sq Mi
$46,624
Median Household Income
$29,914
Median Earnings
$1,594
Median Rent
$259,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Vacant seven-story elevator property with parking, resident climate control, and a first-floor recreation room.
Where is this apartment building located?
The property is located at 2519 Sedgwick Ave The Bronx, NY.
What are key features of this property?
This property features: 40 residential units in a 38,047‑square‑foot building completed in 2023; Seven‑story masonry construction with elevator service and a cellar; 20 total parking spaces: 12 enclosed and eight open
(917) 365-1800 Call to check price and availability
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