746 E 214th St

New York NY 10467

0.06 ac.

Multi-Family

Currently for sale - view listing

Overview

OH BY APPT ONLY Douglas Elliman has been retained to sell 746 East 214th Street. The newly constructed walk-up multifamily properties are located in the Williamsbridge neighborhood of The Bronx. The building is located on the south side of the street between Barnes Ave and Holland Ave, a block away from White Plains Road. 746 East 214th Street is a 6,921 square foot property measuring 25' x 65' on a 25' x 100' lot. The building is a four story walk-up, featuring ten free market apartments. Apartment configuration include five studios and five, 1 bedroom units. The property is fully occupied with great cash flow and low costs of operations, which makes for an excellent 1031 exchange. Additionally, it's under Tax Class 2B, which provides investors with a limitation on tax increases in the future. Adjacent to Van Courtland Park Golf Course, this prime Williamsbridge neighborhood location features multiple transportation options, including access to the MTA's number 2 and 5 train lines and Metro-North Harlem and New Haven lines. The neighborhood features a variety of nearby restaurants, hotel and retail offerings.

Features

5 bedrooms

10 bathrooms

0.06 ac. lot size

Multi-Family

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