2070 & 2074 Arthur Avenue, Bronx, NY 10457
2070 & 2074 Arthur Avenue, Bronx, NY 10457
Between East 179th & 180th Street
Belmont
Belmont
Belmont | 9% Cap Rate | 4.8X GRM
| Asking Pricing | $5,450,000 |
|---|---|
| Type | (2) Five-Story Walkup Buildings |
| Neighborhood | Belmont |
| Lot Size | 50 x 116 & 50 x 113 |
| Zoning Code | R7-1 |
| Size | 22,746 Sq. Ft. & 22,500 Sq. Ft. |
| Stories | 5 |
| Units | 54 |
Investment Highlights:
Meridian Investment Sales is pleased to present 2070 & 2074 Arthur Avenue — (2) five-story walkup apartment buildings that have 45,246 GSF and includes 54 apartments. Located between East 179th Street and 180th Street, Belmont is a lively neighborhood known for its diverse community and bustling commercial corridors. The neighborhood is known as the Bronx “Little Italy” with a rich Italian-American culture present in restaurants, shops, and bakeries. Belmont is well-connected to other parts of the city by several bus and subway lines.
