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$2,999,000

Beds
Unknown
sq ft
Unknown

143 Lincoln Ave, Bronx, NY 10454

143 Lincoln Ave

Bronx, NY 10454

  • 58 days on market
    • Price drop $201,000↓
Located in the vibrant Port Morris section of the Bronx, 143-153 Lincoln Avenue offers a prime investment opportunity with strong growth potential. This well-maintained property spans 12,500 sq. ft. and features six brick, 4-story walk-up buildings with 29 residential units and two commercial spaces. The residential units, a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing steady rental income. The commercial spaces are leased to thriving small businesses. The expansive lot also offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Just one block from the 3rd Avenue Bridge, the property offers easy access to Manhattan and major highways, with the surrounding neighborhood undergoing growth and revitalization. This property is an ideal opportunity for investors seeking both immediate cash flow and long-term value appreciation.

Details

Property type

Multi Family

Lot size

0.287 acres

Price per sq ft

Unknown

Year built

1910

Annual property taxes

$86,920

Price History

06/28/2016
OneKey

OneKey #2800233

Sold
$1,160,000

Schools & Community

Neighborhood: 

Port Morris

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 01/10/2025 at 7:35 AM

Listing updated: 01/02/2025 at 5:09 PM

Listed by: Emmanuel Heredia, Keller Williams Realty NYC Grp Phone #: (718) 697-6800

MLS: OneKey #800233

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