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3641 Johnson Ave- Riverdale
Bronx, NY 10463 Riverdale

$12,888,000 USD

Apartments For Sale  •  28,101 SF

Property Details

  • Property Type Apartments
  • Total Building Size 28,101 SF
  • Lot Size 0.16 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 6.79 %
  • Zoning R7A
83 Transit Score
95 Walk Score

Highlights

Calling All Investors, Developers & End-Users!!! BRAND NEW 34,400+ Sqft. 26 Unit Apartment Building In Riverdale For Sale!!!
The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, High 8’ Ceilings, Strong R7A Zoning, Virtual Doorman, Security System,+++!!
The Property Is Located In The Heart Of Riverdale Just Off The Henry Hudson Pkwy. Only Minutes From Manhattan University & Van Cortlandt Park!!!
Neighbors Include Starbucks, Chase Bank, Wells Fargo Bank, Target, Stop & Shop, CubeSmart Self Storage, Wendy’s, Subway, Bob’s Discount Furniture,+++!
The Building Was Built In 2019 & Has A 421a!!!
This Property Offers HUGE Upside Potential!!!

Financial Summary (Proforma)

Net Operating Income: $875,100 USD (2025)
Cap Rate: 6.79 %
Total Expenses: $122,100 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Controlled Access
  • Fenced Lot
  • Laundry Facilities
  • Security System
  • Video Patrol
  • Doorman
  • Wheelchair Accessible
  • Package Service
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Views
  • Storage Space
  • Bicycle Storage
  • Elevator
  • Freezer
  • Public Transportation
  • Large Bedrooms
  • Private Bathroom

Public Transportation

Commuter RailDriveWalkDistance
Spuyten Duyvil Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min 20 min 1.1 mi
Marble Hill Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 3 min - 1.5 mi
Transit/SubwayDriveWalkDistance
238 Street (1 - New York MTA Subway (The Subway)) 3 min 11 min 0.6 mi
231 Street (1 - New York MTA Subway (The Subway)) 2 min 15 min 0.8 mi
Van Cortlandt Park-242 Street (1 - New York MTA Subway (The Subway)) 3 min 16 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 22 min - 12.4 mi
John F Kennedy International 35 min - 23.7 mi
Westchester County 33 min - 24.9 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
Matthew Shane 516-279-8828 All Island Commercial