700-710 Bartholdi Street, Bronx, NY 10467
Bronx County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
2012
Stories
4
Living Area
13,756 sq ft
Lot Size
0.11 acres
Days on Market
1
MLS® Listing#
1007169
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,907
Parcel Number
04600-0015
Affordability Calculator
$600,000
Estimated monthly payment
$15,967/mo
Principal $2,400,000 · Est. interest $3,348,214 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $576,699
- Median Listing Price
- 70
- Median Days on Market
- 1,206
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 1,266
- Active Listings
- This home’s price is 420% above the area median.
- Its price per sq ft is 42% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
- 700-710 Bartholdi Street, Bronx, NY 10467
Points of Interest in Bronx, NY
Showing the Bronx area map.
Nearby Schools
Public School 41
Elementary · 0.1 mi away
City of Faith Christian School
School · 0.2 mi away
Immaculate Conception Church
School · 0.2 mi away
Success Academy Charter School - Williamsbridge Elementary
Elementary · 0.2 mi away
The Learning Tree Cultural Preparatory School
School · 0.2 mi away
High School of Computers and Technology
Secondary · 0.3 mi away
Bronx Lab School
Secondary · 0.3 mi away
High School for Contemporary Arts
Secondary · 0.3 mi away
Bronx Aerospace High School
Secondary · 0.3 mi away
Bronx High School for Writing and Communication Arts
Secondary · 0.3 mi away
Latin American Bible Institute
School · 0.4 mi away
Beanstalk Academy
School · 0.4 mi away
P. S. X721 - Stephen McSweeney School
Secondary · 0.4 mi away
Small Steps Upwards Group Family Daycare
Elementary · 0.4 mi away
PS 56 Norwood Heights
Elementary · 0.4 mi away
Bronx Community Charter School
Elementary · 0.4 mi away
P. S 076 the Bennington School
Elementary · 0.4 mi away
Bedford Park Elementary School
Elementary · 0.5 mi away
Regent School
Elementary · 0.5 mi away
North Bronx School of Empowerment
Secondary · 0.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 350-354 East 193rd Street, Bronx, NY | $2,100,000 | 13 | 6 | — |
| 1876 University Avenue, Bronx, NY | $2,200,000 | — | — | — |
| 210 W 179th Street, Bronx, NY | $2,200,000 | 9 | 2 | 4,065 |
| 1927 Gildersleeve, Bronx, NY | $2,200,000 | — | — | 2,500 |
| 689 & 693 Beck Street, Bronx, NY | $2,200,000 | — | — | 7,456 |
| 210 W 179th Street, Bronx, NY | $2,200,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: Distinguished Realty Services - 9146299000
Presented by: Francis J. Morris
Fair Housing Notice