$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 #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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