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Bronx Multifamily Investment Opportunity
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772 E 182nd Street, New York, NY 10460

New construction multifamily property in the Bronx with tax abatement.

Property SizeContact for details
Days on Market98

Property Features for 772 E 182nd Street

General Information

Standard status Active
Property subtype Multifamily

Building Details

Year Built 2023
Units 18
Listing Agency: S10 Realty Group LLC
Listed By: Lina Shi · License #NY10491211662
Source: Crexi
Added: May 20 Changed: Aug 22 Last Checked: Aug 24 at 11:15PM

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 S10 Realty Group LLC

Investment Insights

Based on property information with market context.

This multifamily property, constructed in 2022, is a 7-story elevator building comprising 18 rent-stabilized units. The property benefits from a 32-year tax abatement and offers cash flow with an approximately 8% capitalization rate. The building is located in the Bronx, near the Bronx Zoo, New York Botanical Garden, Fordham University, and the Fordham Road commercial corridor. The location provides access to public transportation, retail options, dining establishments, and neighborhood amenities.

Key Highlights

  • Strong in‑place cash flow with approximately 8% CAP RATE.
  • Enjoy a 32‑year tax abatement.
  • New construction (built in 2022) minimizing deferred maintenance.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,218
Businesses Nearby

Demographics for 10460, NY

62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction multifamily property in the Bronx with tax abatement.
Where is this apartment building located?
The property is located at 772 E 182nd Street New York, NY.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: Strong in‑place cash flow with approximately 8% CAP RATE.; Enjoy a 32‑year tax abatement.; New construction (built in 2022) minimizing deferred maintenance.
(646) 286-0219 Call to check price and availability
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