The Bryan Karp Team
MLS#1007169
STATUSActive
PROPERTY TYPECommercial -
SCHOOLContact Agent
Property Description
A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modernconstruction reducing both vacancy and capital expenditure risk. 3.75% assumable debt in place.
Property Features
Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.11 Acres
Stories: 4.0
Taxes: $6,907
Year Built: 2012
Feature Descriptions
Building Area Total: 13756
Cap Rate: 7
Exterior: Brick
On Market Date: 2026-06-01
Parcel Number: 04600-0015
Parking Features: Driveway
Property Attached Y/N: 1
Rental Term: Monthly
Seller Concession: Yes
Sewer: Public Sewer
Units: 20
Utilities: Cable Available
Water: Public
Local Schools
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Distinguished Realty Services
Agency Phone: 914-629-9000
Shown By
Agent Name: Bryan Karp
Agent Phone: (631) 759-5277
Agency Title: Coldwell Banker American Homes
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700-710 Bartholdi Street | MLS# 1007169
This commercial property located at 700-710 Bartholdi Street , Bronx, NY 10467 is currently listed for sale with an asking price of $3,000,000. 700-710 Bartholdi Street is located within the Contact Agent school district. Search Bronx real estate on www.soldbybryan.com today.