Multi-Story Multifamily
For Sale
Contact for pricing
259 East 134th Street, New York, NY 10454
4,575-square-foot, two-floor asset on month-to-month occupancy, in an Opportunity Zone with zoning permitting multiple end uses.
Property SizeContact for details
Days on Market124
Property Features for 259 East 134th Street
General Information
Standard status
Active
Property subtype
Multifamily, Mixed Use
Listing Agency:
Ariel Property Advisors
(212) 544-9500
Listed By:
Jason Gold · License #NY 10301214771
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 3:35AM
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 Ariel Property Advisors
Investment Insights
Based on property information with market context.
259 East 134th Street is a multi-story, 4,575-square-foot property configured across 2 floors. The building is currently rented on a month-to-month basis, with the ability to be delivered vacant to support investors seeking flexibility in how the asset is utilized. The property is located in an Opportunity Zone (OZ), and the zoning is listed as M1-2/R6A and MX-1, allowing for a variety of end-uses, including the possibility of residential conversion.
The property is situated on East 134th Street between 3rd Avenue and Lincoln Avenue in the Mott Haven section of the Bronx. It is positioned in the South Bronx near major ongoing and planned development, including Brookfield’s The Arches and The Bruckner Building, and is also described as being near the 4, 5, and 6 subway trains for access to New York City and the outer boroughs.
As presented in the marketing materials, the submarket is expected to add approximately 15,000 market-rate residential apartments within the next 5–7 years.
The property is situated on East 134th Street between 3rd Avenue and Lincoln Avenue in the Mott Haven section of the Bronx. It is positioned in the South Bronx near major ongoing and planned development, including Brookfield’s The Arches and The Bruckner Building, and is also described as being near the 4, 5, and 6 subway trains for access to New York City and the outer boroughs.
As presented in the marketing materials, the submarket is expected to add approximately 15,000 market-rate residential apartments within the next 5–7 years.
Key Highlights
- 4,575 SF, two‑floor commercial property at 259 East 134th Street in the Mott Haven section of the Bronx
- Currently rented on a month‑to‑month basis; can be delivered vacant
- Located in an Opportunity Zone (OZ)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,661
Businesses Nearby
Explore this area
Business Placement
Demographics for 10454, NY
40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - 4,575-square-foot, two-floor asset on month-to-month occupancy, in an Opportunity Zone with zoning permitting multiple end uses.
Where is this multifamily property located?
The property is located at 259 East 134th Street New York, NY.
What are key features of this property?
This property features: 4,575 SF, two‑floor commercial property at 259 East 134th Street in the Mott Haven section of the Bronx; Currently rented on a month‑to‑month basis; can be delivered vacant; Located in an Opportunity Zone (OZ)
