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Newly Built Walkup Multifamily
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338 East 139th Street, Mott Haven, NY 10454

Two newly constructed walkup buildings totaling 18,165± SF, fully sprinklered, including residential units and retail storefronts.

Property Size18,165 SF
Days on Market127

Property Features for 338 East 139th Street

General Information

Standard status Active
Size 18,165 SF
Property subtype Multifamily

Additional Details

Sprinkler System Yes
Multifamily Units 15

Building Details

Stories 4
Listing Agency: Besen Partners
Listed By: Ronald H. Cohen · License #NY 40CO0983987
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 9:40PM

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 Besen Partners

Investment Insights

Based on property information with market context.

Offered for sale are two newly constructed walkup buildings in the Mott Haven neighborhood of the Bronx, totaling 18,165± SF. 338 East 139th Street is a 4-story walkup building built in 2008 with 8,702± SF, featuring 6 large two-bedroom units and 2 two-bedroom units. 473 Willis Avenue was newly built in 2012 and totals 9,463± SF as a 4-story mixed-use walkup corner building with 7 apartments and 2 stores.

Both buildings are fully sprinklered. The remarks also state relatively low taxes due to the 421A tax abatement program until 2027, 2035 and 2039 respectively, and that the landlord is not responsible for heating (gas) costs.

Each property is configured as a walkup, with multi-unit residential layouts and, at the Willis Avenue location, retail storefront space included within the same building.

Key Highlights

  • Two newly constructed walkup buildings totaling 18,165± SF in Mott Haven (Bronx), combining residential apartments and retail storefronts
  • 338 East 139th Street: 4‑story walkup built in 2008 with 8,702± SF; 6 large two‑bedroom units plus 2 two‑bedroom units
  • 473 Willis Avenue: 4‑story mixed‑use walkup built in 2012 with 9,463± SF; 7 apartments and 2 stores on a corner at E 146th St & Willis Ave

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Travel Agency Computer & Electronic Repair Skin Care Clinic

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

15
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

5,870
Businesses Nearby

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

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 - Two newly constructed walkup buildings totaling 18,165± SF, fully sprinklered, including residential units and retail storefronts.
Where is this apartment building located?
The property is located at 338 East 139th Street Mott Haven, NY.
What are key features of this property?
This property features: Two newly constructed walkup buildings totaling 18,165± SF in Mott Haven (Bronx), combining residential apartments and retail storefronts; 338 East 139th Street: 4‑story walkup built in 2008 with 8,702± SF; 6 large two‑bedroom units plus 2 two‑bedroom units; 473 Willis Avenue: 4‑story mixed‑use walkup built in 2012 with 9,463± SF; 7 apartments and 2 stores on a corner at E 146th St & Willis Ave
(646) 424-5317 Call to check price and availability
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