1776 Castle Hl Ave Bronx, NY 10462-4236
Property Lookup
Property profile & analytics
1776 Castle Hl Ave Bronx, NY 10462-4236
- Apartment buildings
- 78,000 SF
- 0.45 lot acres
Property ID
US63-2543045
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- University prep high school / High School
- Learning Cube Group Family Daycare LLC / Daycare Center
- 1776 Castle Hill Apt Owners / Association / Organization
Property Details for 1776 Castle Hl Ave
- Year built
- 1936
- Lot size
- 0.45 lot acres
- Property size
- 78,000 SF
- Zone code
- R6
- Property type
- Apartment buildings
- APN
- 03998-0010
- APU
- 39980010
Description
This exceptional 83-unit apartment building, located at 1776 Castle Hill Avenue in the Bronx, NY (zip code 10462), presents a compelling investment opportunity. The property boasts 78,000 square feet and is offered at $8,100,000, translating to $103.85 per square foot and $97,590 per unit. The unit mix comprises 15 studios, 54 one-bedroom, 13 two-bedroom, and 1 three-bedroom apartment, generating an average monthly rent of $1,337. This well-maintained elevator building has been under the same family ownership for over 30 years, representing a rare opportunity for generational ownership transition. Adding to the property's strong financial performance are two cellular roof antennas with active leases, providing an additional $46,536 in annual cash flow from T-Mobile and Airwave Strategies. The building's prime location offers convenient access to Westchester Square Medical Center and the Zerega Avenue 6 train line, enhancing its appeal to tenants. Detailed financial information, including cap rate and GRM, is available upon request. This is a unique chance to acquire a stable, high-performing multifamily asset in a desirable Bronx submarket. The property's strong tenant base, consistent rental income, and supplemental income streams from the cellular antennas make it an attractive investment for discerning buyers. The building's size and unit mix provide excellent diversification and potential for future value appreciation. Further details are available in the offering memorandum.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8529
- Latitude
- 40.8419
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$178,341
$110,250
$1,623,740
$1,733,990
-
$245,000
$2,925,000
$3,170,000
