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797 FAIRMOUNT PLACE

Tremont, Bronx, NY

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Property Description

Investment Property Realty Group (IPRG) has been exclusively retained to sell 797 Fairmount Place. The subject property is a 4-story, 6,375 SF, walk-up apartment building, built in 2010. It is comprised of three (3) 2-Bedroom apartments, three (3) 1-Bedroom apartments, and an office. The property benefits from a 421-A tax abatement that expires in ~10 years.

The property is located on the north side of Fairmount Place between Prospect & Marmion Avenues in the Tremont neighborhood of Bronx, NY. It benefits from proximity to the 2 & 5 subway station at West Farms Sq-E Tremont Ave, the Tremont Metro North Station, as well as numerous bus lines.

  • Block & Lot:

    2955-0043

  • Neighborhood:

    Tremont

  • Cross Streets:

    Marmion & Prospect Avenue

  • Building Dimensions:

    25 ft x 51 ft

  • Lot Dimensions:

    25 ft x 100 ft

  • Units:

    7

  • Total Approx. SF:

    6,375

  • Zoning:

    R7-1

  • FAR:

    3.44

  • Tax Class:

    2A