3156 Hull AveThe Bronx, NY 10467

For Sale
$4,150,000

26-Unit Apartment Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 26-unit apartment building, located at 3156 Hull Ave in the Bronx, NY (10467), presents a compelling investment opportunity. The property boasts 21,250 square feet on a 0.114-acre lot and is priced at $4,150,000 ($195.29/sq ft). Built in 1920, this Class C multifamily property offers a blend of historical charm and modern living. The building's 26 units cater to diverse needs, ranging from studios to multi-bedroom apartments. Its strategic location provides residents with easy access to shops, restaurants, parks, and public transportation, enhancing both rental appeal and long-term value. The property's solid rental history and potential for appreciation make it an attractive addition to any investment portfolio. The property's APN is 03349-0018. This is a rare chance to acquire a well-maintained multifamily asset in a thriving New York City neighborhood. The building's size and unit mix provide a strong foundation for generating consistent cash flow and building long-term equity. The property's location within the vibrant Bronx borough ensures high occupancy rates and strong rental demand. This is an ideal investment for those seeking a stable and profitable addition to their real estate holdings. The property offers significant potential for future value appreciation, making it a smart and secure investment in a dynamic market.

Property Details for 3156 Hull Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
21,250 SF
Class
C
Year Built
1920
Units
26

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.8732963
Longitude
-73.8767766
3156 Hull Ave, The Bronx, New York

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3156 Hull Ave
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