1534 Selwyn Avenue

Bronx, NY

For Sale

$14,800,000

OVERVIEW

LOCATION:
1534 Selwyn Avenue , Bronx, NY 10457

Neighborhood: Claremont

Asset Type: Multifamily

Square Feet: 80,838

Stories: 6

Residential Units: 73

 

Description

Besen & Associates, as exclusive agent for ownership, is pleased to offer for sale 1534 Selwyn Avenue (the “Property”), located between Mount Eden Parkway and East 172nd Street in the Claremont section of The Bronx. 

 

Overview

 

  • 6-story elevator residential building

  • 80,838± Square Feet

  • 73 residential units plus a useable basement (only 2 of the 73 units have been renovated)

  • 200’ of frontage

  • Current rents represent a 25% discount to market

  • Well-maintained and 97% occupied

  • Located in Claremont, one of The Bronx’s most desirable submarkets

  • Situated two blocks from the Grand Concourse and around the corner from Claremont Park

 

Nearby Transportation

Well served by public transportation: subway station three blocks away with easy access to I-95 (Cross Bronx Expressway) to the north and I-87 (Major Deegan) to the east of the Property