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60-Unit Apartment Building
For Sale
Contact for pricing
Pending

2523 University Ave The, Bronx, NY 10468

Multifamily asset near transit, a VA medical center, and Lehman College.

Property Size58,585 SF
Days on Market143

Property Features for 2523 University Ave The

General Information

Standard status Pending
Size 58,585 SF
Property subtype Multifamily

Additional Details

Public Transit Yes
Multifamily Units 60
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Seth Glasser · License #NY 10301209629
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 4:27AM

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.

This multifamily property contains 60 residential units across approximately 58,585 square feet. The building is positioned along University Avenue at 2523-2525 University Avenue in The Bronx, with approximately 150 feet of frontage.

The property is near the Kingsbridge Road train station, James J. Peter VA Medical Center, and Lehman College. Its location provides proximity to transit, a major medical facility, and a higher-education campus.

Key Highlights

  • 60‑unit multifamily property
  • Approximately 58,585 square feet
  • Approximately 150 feet of frontage along University Avenue

Property Analytics

Current Use

L.A Interior remodeling ... Interior Design

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Gym & Fitness Center HVAC Service Building Supply

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

60
Residential units

Location Intelligence

Trade Area within ½ mile

5,193
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 - Multifamily asset near transit, a VA medical center, and Lehman College.
Where is this apartment building located?
The property is located at 2523 University Ave The Bronx, NY.
What are key features of this property?
This property features: 60‑unit multifamily property; Approximately 58,585 square feet; Approximately 150 feet of frontage along University Avenue
More about this property
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