3138, 3150 & 3300 Bailey Avenue
3138, 3150 & 3300 Bailey Avenue
Kingsbridge Heights, Bronx
Three 6-story buildings with 219 apartments combined
| Asking Pricing | $26,000,000 |
|---|---|
| Type | Multifamily |
| Neighborhood | Kingsbridge Heights, Bronx |
| Properties | 3 buildings |
| Size | 202,240 Square Feet |
| Stories | 6 Stories |
| Units | 219 apartments |
Investment Highlights:
Meridian Investment Sales is pleased to exclusively present for sale 3138, 3150, 3300 Bailey Avenue located between West 231st and West 233rd Streets in the Kingsbridge Heights neighborhood in the North Bronx. This is a unique opportunity to acquire a turnkey, sizeable portfolio with 219 units.
Highlights:
- 219 apartments / 202,240 SF, combined
- Over $2M spent in capital improvements building-wide
- Close to restaurants & retail on Broadway: Aldi’s, Starbucks, Walgreens, Dunkin’ & IHOP
- Easy access to Major Deegan Expressway & 231st St [1] station
- Asking Price: $26,000,000 ($118k P/Unit; $128 PSF; 7.7x GRM; 6% Cap)
