58-Unit Apartment
For Sale
$4,300,000
2525 Morris Ave, Bronx, NY 10468
Corner walk-up property offering a broad mix of studio and one- to four-bedroom apartments.
Property Size56,455 SF
Price / SF$76.17
Days on Market152
Property Features for 2525 Morris Ave
General Information
Standard status
Active
Size
56,455 SF
Property subtype
Multifamily
Site & Location
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x studio, 19 x one bedroom, 28 x two-bedroom, 9 x three-bedroom, 1 x four-bedroom
Multifamily Units
58
Additional Details
Cap Rate
8.2%
Amenities
2525 Morris Avenue is a 58-unit walk-up building comprised of 1 studio, 19 one-bedroom, 28two-bedroom, 9 three-bedroom and one four-bedroom apartments.
8.2% Cap Rate | 4.4x GRM | $74,138 Per Unit | $76 Per Sqft
2525 Morris Avenue is well located, close to St. James Park,Monroe University, and the Fordham B & D Trains.
Building Details
Building Size
56,455 SF
Buildings
1
Units
58
Listing Agency:
New York City Office
(212) 430-5136
Listed By:
Seth Glasser · License #NY: 10301209629
(212) 430-5136
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 31
Last Checked: Aug 30 at 12:38AM
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
Investment Insights
Based on property information with market context.
This 56,455-square-foot apartment building contains 58 residential units in a corner walk-up configuration. The apartment mix includes 1 studio, 19 one-bedroom units, 28 two-bedroom units, 9 three-bedroom units, and 1 four-bedroom unit. The property has remained under the ownership and operation of the same family for over 20 years.
The building occupies the corner of Morris Avenue and East 190th Street in Fordham, near St. James Park. Monroe University and the B and D subway trains are also a few steps away, providing access to nearby institutional and transportation amenities.
The building occupies the corner of Morris Avenue and East 190th Street in Fordham, near St. James Park. Monroe University and the B and D subway trains are also a few steps away, providing access to nearby institutional and transportation amenities.
Key Highlights
- 56,455‑square‑foot apartment building with 58 residential units
- Unit mix includes 1 studio, 19 one‑bedroom, 28 two‑bedroom, 9 three‑bedroom, and 1 four‑bedroom apartments
- Corner walk‑up building at Morris Avenue and East 190th Street
Property Analytics
Property Profile
Current Use
Lease Details
58
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,954
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Corner walk-up property offering a broad mix of studio and one- to four-bedroom apartments.
Where is this apartment building located?
The property is located at 2525 Morris Ave Bronx, NY.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 56,455‑square‑foot apartment building with 58 residential units; Unit mix includes 1 studio, 19 one‑bedroom, 28 two‑bedroom, 9 three‑bedroom, and 1 four‑bedroom apartments; Corner walk‑up building at Morris Avenue and East 190th Street
