Two-Building Multifamily
700-710 Bartholdi St The Bronx, NY 10467
700-710 Bartholdi St The, Bronx, NY, 10467
$3,000,000
For Sale
$3,000,000
Modern, side-by-side 20-unit multifamily property with stabilized voucher-backed occupancy and a 25-year tax exemption.
Days on Market51
Property Features for 700-710 Bartholdi St The
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 2012
Listing agency
DISTINGUISHED REALTY SERVICES
(914) 677-2623
Listed by
Francis J. Morris
(914) 677-2623
Source
Elliman
Added: Jun 3 Updated: Jul 21 at 1:08AM Checked: Jul 22 at 12:56PM
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
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FAQs
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 St The 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
