749 East 216th Street, The Bronx, NY, USA

Bronx, New York

Located on the north side of E 216th St between White Plains Rd and Barnes Ave.

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Price Per SF

$410

Total Units

Tax Class

Available Air Rights

11,034 SF

Two-Building Free-Market Package
Two adjacent walk-up buildings totaling eight free-market apartments and four garages on a combined 11,417 SF lot, each building below the six-unit rent stabilization threshold
Strong Revenue
Apartments average approximately $2,960/month in free-market rental income with immediate areas for growth
Air Rights
R5 zoning provides 17,126 buildable SF, leaving approximately 11,034 SF of unused as-of-right air rights
Location & Transit
Three blocks from the 219 St station on the 2 & 5 express lines and minutes from Montefiore Medical Center, Bronx Park and the White Plains Road retail corridor