Investment Summary
• NuRealty Advisors Inc. is proud to present the exclusive
listing of 2310 Creston Avenue, Bronx, NY 10468.
Family-owned and operated for over 40 years, 2310
Creston Avenue is a well-maintained brick multifamily
building located in a desirable residential neighborhood of
the Bronx. The property features spacious apartment
layouts, solid brick construction, and convenient access to
NYC subway transportation.
The building has benefited from recent improvements,
including the installation of new gas lines, noting no further
CapEx required. Priced at $78K Per Unit, Gross Rent
Multiple of 5.22 and a 8.13% Cap Rate. A rare opportunity
with these matrix!
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Investment Highlights
•37 Residential Units
•Solid Brick Construction
•Spacious Apartment Layouts
•Close to NYC Subway Transportation
•Value-Add Opportunity
•Family-Owned and operated for over 40 Years
• Unit Mix
•1 – Studio
•30 – One-Bedroom Units
•6 – Two-Bedroom Units
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Offering Price
•$2,900,000
•$78K Per Unit
•5.22 Rent Gross Multiple
Investment Summary | 2310 Creston Avenue, Bronx
•8.13% Cap Rate
| Asking Price: | $2,900,000 |
| Property Address: | 2310 Creston Avenue Bronx NY 10468 |
| Numbers of Units: | 37 |
| Building Size: | 36,930 |
| No of Stories: | 6 |
| Year Built: | 1941 |
| Lot SF: | 7,501 |