596 E 170th St The Bronx, NY 10456

Listing agency Highcap Group

Listed by Anthony Volman · License #NY

Source Crexi

Added: Apr 11 Updated: Jul 20 at 8:08PM Checked: Jul 20 at 8:08PM

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Investment Insights

Based on property information with market context.

Newly built walk-up apartment building offering 20 free-market residential units plus parking. The property is presented as an income-oriented acquisition, with underwriting cited in the remarks including an 8% cap rate, a reported GRM of 10.71, and NOI of $437,066.

Located in the Claremont section of the Bronx at 596 E 170th St, the building is configured for straightforward multifamily occupancy as a compact, all-residential asset with on-site parking included in the offering description.

Key Highlights

• Newly built 20‑unit residential walk‑up multifamily property in the Claremont area of the Bronx
• Includes parking for the 20 units
• Stated 8% cap rate with NOI of $437,066

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FAQs

What type of property is this?

Apartment building - Newly built 20-unit walk-up multifamily property with parking, positioned in the Claremont area of the Bronx.

Where is this apartment building located?

The property is located at 596 E 170th St The Bronx, NY.

What are key features of this property?

This property features: Newly built 20‑unit residential walk‑up multifamily property in the Claremont area of the Bronx; Includes parking for the 20 units; Stated 8% cap rate with NOI of $437,066