Two-Building Multifamily
For Sale
$3,000,000
Pending
700-710 Bartholdi Street, Bronx, NY 10467
Modern, side-by-side 20-unit multifamily property with stabilized voucher-backed occupancy and a 25-year tax exemption.
Property Size13,756 SF
Days on Market104
Property Features for 700-710 Bartholdi Street
General Information
Standard status
Pending
Size
13,756 SF
Property subtype
Multi Family
Additional Details
Cap Rate
7.66%
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$6,907
Building Details
Building Size
13,756 SF
Year Built
2012
Listing Agency:
Distinguished Realty Services
Listed By:
Francis J. Morris
(914) 677-2623
Source:
Shawmetro
Added: Jun 1
Changed: Sep 11
Last Checked: Sep 11 at 2:37PM
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 Distinguished Realty Services
Investment Insights
Based on property information with market context.
This is a 20-unit, two-building multifamily investment in the Bronx, configured as side-by-side properties operating as a single asset. Originally constructed in 2012, the buildings are supported by a stabilized, voucher-backed tenant base.
The offering includes a 421-a 25-Year No Cap tax exemption, which is described as materially reducing operating expenses through the remainder of the abatement period. In place financing is also noted as an assumable debt structure at a 3.75% interest rate.
The property is presented as a modern-constructed multifamily with stabilized voucher rent collections and a single-asset operating setup across the two buildings.
The offering includes a 421-a 25-Year No Cap tax exemption, which is described as materially reducing operating expenses through the remainder of the abatement period. In place financing is also noted as an assumable debt structure at a 3.75% interest rate.
The property is presented as a modern-constructed multifamily with stabilized voucher rent collections and a single-asset operating setup across the two buildings.
Key Highlights
- 20‑unit, two‑building multifamily property in the Allerton/Williamsbridge section of the Bronx, constructed in 2012
- Side‑by‑side properties operate as a single asset with stabilized voucher‑backed tenant base
- 25‑year 421‑a no cap tax exemption helps reduce operating expenses through the remainder of the abatement period
Property Analytics
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
2,859
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
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 - Modern, side-by-side 20-unit multifamily property with stabilized voucher-backed occupancy and a 25-year tax exemption.
Where is this apartment building located?
The property is located at 700-710 Bartholdi Street Bronx, NY.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 20‑unit, two‑building multifamily property in the Allerton/Williamsbridge section of the Bronx, constructed in 2012; Side‑by‑side properties operate as a single asset with stabilized voucher‑backed tenant base; 25‑year 421‑a no cap tax exemption helps reduce operating expenses through the remainder of the abatement period
