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1260-1274 Clay Avenue

1260-1274 Clay Avenue, Bronx NY 10456


Property Highlights

NuRealty Advisors Inc. is proud to present the Exclusive Listing of 1260-1264 and 1272-1276 Clay Avenue in Bronx, NY.  The properties offer 57 Residential Units.  The Layout is One Studio, Eight 1BRs, Nine 2BRs, Twenty 3BRs, and Nineteen 4BRs.  The apartments are a box layout (No Railroad).  Properties are masonry construction with steel staircases, new roofs, and provide Gas Heat across two boilers which cover all four buildings.  The properties have an active J51 Tax Credit which is valid until the Year 2036.  In addition, a mobile lease tower will commence in Year 2032 for $38K per annum.  Property offers a substantially higher Legal Regulated Rent Roll.

Property Features

Asking Price: $12,000,000
Property Address: Clay Avenue
Description: Five Multifamily Apartment Buildings
Layout: Eight 1BRs, Nine 2BRs, Twenty 3BRs, and Nineteen 4BRs
Construction Type: Frame
Numbers of Units: 57
Building Size: 49,918
No of Stories: 4
Year Built: 1909-1929
Lot SF: 12,874

Nurealty Advisors INC

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