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211 252Nd St The Bronx, NY 10471

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5-Unit Apartment Building, Riverdale, NY

Property size:
2,067 SF

Property Features for 211 252Nd St

General Information

Property type
Multifamily properties
Square Feet
2,067 SF

Building Details

Year Built
2018
Stories
4
Units
5

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Listing Contact
Mitchel Flaherty
Mitchel Flaherty

Listing Agency: RIPCO Real Estate - Brooklyn Listing Agent: Mitchel Flaherty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Exceptional investment opportunity: a five-unit apartment building in Riverdale, Bronx, New York, commanding a desirable location directly across from Van Cortlandt Park. This meticulously maintained, four-story brick building, constructed in 2018, offers a compelling 5.14% cap rate at an asking price of $2,350,000. Each of the five units boasts private outdoor space—balconies or a spacious roof deck—enhancing tenant appeal and rental potential. The building's modern amenities include individual heating and air conditioning systems in each unit, separately metered utilities (heat, hot water, and electricity), and Wifi/video doorbell service. The duplex penthouse unit features a large roof deck with panoramic park views. The building is conveniently located near the Van Cortlandt Park-242nd Street 1 subway line, providing excellent transportation access. The current zoning (R6) allows for potential expansion or value-add opportunities, such as adding laundry or storage units to generate additional income. This free-market building presents a strong cash flow and significant upside potential for the discerning investor. The building totals 2,067 square feet, resulting in a price per square foot of $1,136.91. This property represents a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a highly sought-after Bronx neighborhood.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
The Bronx
County
Bronx
State
New York
Longitude
-73.8977004
Latitude
40.8980177

FAQs

What type of property is this?
Multifamily property - 5-Unit Apartment Building, Riverdale, NY
Where is this multifamily property located?
The property is located at 211 252Nd St The Bronx, NY.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: $2,350,000 asking price, 5.14% cap rate, 5-unit multifamily building.; 2018 construction, 2,067 square feet.; Located across from Van Cortlandt Park in The Bronx.
(917) 348-0242 Call to check price and availability
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