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Apartments For Sale • 6,388 SF
| 253 East 206th Street is a 100% free market asset, builtwithout any tax abatement. |
| This 10 unit walk-up is composed of 3 studios, 5 one-bedrooms, and 2 two-bedrooms. There are currently 2 vacant units |
| 253 East 206th Street is a tax class 2B asset, with taxliability capped at 8% per year or 30% over 5 years |
| Current rents are 30% below market, presenting anopportunity for significant upside through turnover orSection 8 / City Program Vouchers. |
| The average rent is $1,944 per apartment per month |
| This building is just steps from Montefiore Hospital, BronxPark, Fordham University, The New York BotanicalGarden, and the Norwood Subway Station. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Botanical Garden Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) | 3 min | 14 min | 0.7 mi |
| Williams Bridge Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) | 3 min | 14 min | 0.7 mi |
| Transit/Subway | Drive | Walk | Distance |
| 205 Street-Norwood (D - New York MTA Subway (The Subway)) | 2 min | 3 min | 0.1 mi |
| Mosholu Parkway (4 - New York MTA Subway (The Subway)) | 1 min | 9 min | 0.4 mi |
| Bedford Park Boulevard (B - New York MTA Subway (The Subway), D - New York MTA Subway (The Subway)) | 3 min | 12 min | 0.6 mi |
| Botanical Garden Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) | 3 min | 14 min | 0.7 mi |
| Bedford Park Boulevard-Lehman College (4 - New York MTA Subway (The Subway)) | 3 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 24 min | - | 12.4 mi |
| John F Kennedy International | 35 min | - | 20.7 mi |
| Westchester County | 34 min | - | 21.8 mi |
Seth Glasser
Marcus & Millichap
Seth Glasser
Marcus & Millichap
