700-710 Bartholdi Street, New York, NY, 10467
$3,000,000
activeLot Size
4,800 sqft
Year Built
2012
Stories
4
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modern construction reducing both vacancy and capital expenditure risk. 3.75% assumable debt in place.
Listed by Francis J. Morris, Distinguished Realty Services
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Jun 2, 2026, 7:26 AM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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