New Elevator Building in
3573 Laconia Ave Bronx, NY 10469
For Sale
$6,250,000
Newly constructed elevator building with tax abatement and parking.
Days on Market112
Property Features for 3573 Laconia Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
New York City Office
(212) 430-5136
Listed By:
Seth Glasser · License #License(s): NY: 10301209629
(212) 430-5136
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 23 at 2:33AM
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.
Located in Williamsbridge, 3573 Laconia Avenue is a newly constructed elevator building situated between 212th and 213th Street. The building received its final certificate of occupancy in August 2023. The property benefits from an active 421-a tax abatement, resulting in a current annual tax bill of $2,638, with 32 years remaining until expiration. All leases include the proper 421-a riders, confirming that each unit will revert to free market status once the 421-a abatement term concludes. The property also features 13 parking spots, contributing an additional annual income of $24,000. The average rent is $2,589 per apartment through Section 8 vouchers. There is also $137,761 in Preferential Rent Upside that can be captured upon vacancy.
Key Highlights
- Newly constructed elevator building (Certificate of Occupancy issued August 2023).
- Active 421‑a tax abatement with 32 years remaining, resulting in a low annual tax bill of $2,638.
- High average rent of $2,589 per apartment through Section 8 vouchers.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Parking lots & garages
FAQs
What type of property is this?
Apartment building - Newly constructed elevator building with tax abatement and parking.
Where is this apartment building located?
The property is located at 3573 Laconia Ave Bronx, NY.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: Newly constructed elevator building (Certificate of Occupancy issued August 2023).; Active 421‑a tax abatement with 32 years remaining, resulting in a low annual tax bill of $2,638.; High average rent of $2,589 per apartment through Section 8 vouchers.
