3138, 3150 & 3300 Bailey Avenue
Summit Place & Fort Independence Street
Kingsbridge Heights
Kingsbridge Heights
Kingsbridge Heights | 219 Apartments | $109,600 PU
| Neighborhood | Kingsbridge Heights |
|---|---|
| Properties | 3 |
| Zoning Code | R6 |
| Size | 202,240 SF |
| Units | 219 |
Investment Highlights:
The portfolio consists of one elevator and two walkup buildings with 202,240 SF combined with 219 apartments. Located in Kingsbridge Heights, the buildings are just South of Van Cortlandt park and west of Montefiore Medical Center, Jerome Park, and Lehman College. The properties are within walking distance to 231 Street [1], Kingsbridge Road [4] & Bedford Park Blvd [B, D] subway stations. There are preferential rents of approximately $79,000 offering a new investor upside upon unit turnover.
