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2377 Creston Ave
Bronx, NY 10468 Fordham Heights

$5,395,000 USD

Apartments For Sale  •  45,966 SF

Property Details

  • Property Type Apartments
  • Total Building Size 45,966 SF
  • Lot Size 0.27 AC
  • Building Class B
  • Year Built 1924
  • Zoning R8, Bronx
100 Transit Score
95 Walk Score

Highlights

This 58-unit walk-up building is composed of six stores and 52 residential units.
It comprises 32 one-bedroom, 16 two-bedroom, and five three- bedroom apartments.
8.3% Cap Rate | 4.89x GRM | $93,017 Per Unit | $117 Per Sqft
The building offers investors a steady annual cash flow of $440,999 with $23,108 in delta upside
2337-2381 Creston Avenue is well located, close to St. James Park, Monroe University, and the Fordham Road B & D Train.

Property Flyers

Amenities

  • On-Site Retail

Public Transportation

Commuter RailDriveWalkDistance
Fordham Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 12 min 0.6 mi
University Heights Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min 19 min 1.0 mi
Transit/SubwayDriveWalkDistance
Fordham Road (B,D Line) (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Fordham Road (4 Line) (4 - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
182-183 Streets (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
183 Street (4 - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Kingsbridge Road (4 Line) (4 - New York MTA Subway (The Subway)) 1 min 12 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 21 min - 10.4 mi
John F Kennedy International 30 min - 20.7 mi
Westchester County 36 min - 23.3 mi
Michael Fusco 212-430-5281 Marcus & Millichap
Michael Fusco 212-430-5281 Marcus & Millichap