178 East 205th Street

08-25-2021
09-14-2021

178 E 205th St, Bronx, NY 10458

Elevator Building Located in Proximity to Major Commercial Corridors and Institutions

Property Description

GFI Realty Services is pleased to present the exclusive offering of 178 East 205th Street, a six-story elevator apartment building comprised of thirty-one units including a super's free apartment, located in the Bedford Park section of the Bronx. The asset, totaling 28,704 square-feet, was constructed in 1930. The apartments are configured as seven studios, nineteen (1)- bedroom units, four (2)-bedroom units and one (3)-bedroom unit. The asset is under long term ownership, presenting the opportunity for potential  upside in the rental income. There are approximately 8,618 square-feet of air rights available. The property is in proximity to the New York Botanical Garden, Jerome Park, Fordham University, and the B-D subway lines

Key Property Information

Listing Status
Available
Multi-family type
Mid-Rise
Price
$ 4,650,000
No. of Units
31
Year Built
1930
Building Size
28,704 Sq ft
No. of Stories
6
Zoning Code
R8, C1-3
Opportunity Zone
Off
Price per unit
$ 150,000
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40.874982, -73.88493

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