Type:
Multifamily
Sq Ft:
12,000
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 286 East 163rd Street. The subject property offers a brand-new construction six-story building that is located the Concourse Village section of the Bronx.
The building is made up of eighteen (18) apartments broken down into seven studio-bedrooms, five 1-bedrooms, and six 2-bedrooms. The building benefits from having a 421-A tax abatement giving a yearly tax bill of $1,240 for 30 years. The property will be delivered vacant with a C/O.
Built in 2023, the property is 33.33 feet wide and 60 feet deep, giving a total of 12,000 square feet.
The building is within walking distance to the B & D subway lines and the Concourse Plaza Mall.
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Block & Lot:
2422-0015
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Neighborhood:
Concourse Village
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Cross Streets:
Morris Avenue & Teller Avenue
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Building Dimensions:
33 ft x 60 ft
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Lot Dimensions:
33 ft x 115 ft
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Units:
18
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Total Approx. SF:
12,000
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Zoning:
R7-1
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FAR:
3.44
