753 755 757 759 761 E 214th St The, Bronx, NY 10467

This for-sale multifamily portfolio consists of five contiguous apartment buildings containing approximately 50 residential units. The offering includes the stated income profile with approximately $859,708 in annual gross income and an estimated NOI of approximately $578,648. The package is also described as including multiple vacant units, supporting near-term leasing activity and operational stabilization. The portfolio benefits from an 11-year remaining balance of a 421A 25-year tax abatement structure, positioned to keep real estate taxes relatively low over the remaining term.

The properties are located at 753, 755, 757, 759, and 761 E 214th Street in the Bronx (Wakefield section), with access described as convenient to public transportation, shopping, schools, and major Bronx thoroughfares. The bike, walk, and transit scores provided indicate a highly walkable and transit-served setting.

For investors, owners, or operators seeking scale in a single acquisition, this portfolio combines multi-building convenience with financing and tax-basis advantages as presented in the offering materials. The sale is paired with an assignable mortgage balance of approximately $7,981,280 at a fixed interest rate of 3.32% through August 30, 2031, subject to lender approval. Financial package, rent roll, floor plans, and due diligence materials are available upon request.