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2097 Davidson Ave
Bronx, NY 10453 University Heights

$2,988,000 USD

Apartments For Sale • 7,500 SF

Property Details

Property Type Apartments
Total Building Size 7,500 SF
Lot Size 0.05 AC
Building Class C
Year Built 2022
Cap Rate 8.46 %
Zoning R7-1

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!! 8.46 Cap New 10 Unit Bronx Apartment Building Near University Ave. For Sale!!! 
                            
                                The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 8’ Ceilings. Large Rear Yard, Sprinklers, 6 Parking Spaces, +++!!!
                            
                                 Located In the Heart Of The Bronx Near I-278 & The Grand Concourse Situated Between University Ave. & Jerome Ave. Near Bronx Community College!!
                            
                                This Building Was Built In 2022 & Has A 421-A Tax Abatement Until 2060!!!
                            
                                Neighbors Include Yankee Stadium, The Bronx Zoo, Chase Bank, USPS, Planet Fitness, AutoZone, Dunkin’, Montefiore Medical Center, +++!!!
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Proforma)

Net Operating Income: $252,906 USD (2026)

Cap Rate:	8.46 %
Total Expenses:	$16,533 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North))	5 min	18 min	0.9 mi
University Heights Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North))	4 min	18 min	0.9 mi
Transit/Subway	Drive	Walk	Distance
Burnside Avenue (4 - New York MTA Subway (The Subway))	2 min	4 min	0.2 mi
183 Street (4 - New York MTA Subway (The Subway))	1 min	6 min	0.3 mi
182-183 Streets (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	3 min	9 min	0.5 mi
Tremont Avenue (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway))	3 min	11 min	0.5 mi
176 Street (4 - New York MTA Subway (The Subway))	3 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
LaGuardia	23 min	-	10.2 mi
John F Kennedy International	34 min	-	20.4 mi
Newark Liberty International	33 min	-	22.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Matthew Shane 516-279-8828 All Island Commercial

2097 Davidson Ave Bronx, NY 10453 University Heights