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Description

Located on the south side of West 168th Street between University and Ogden Avenues, this property features 67 total units, including 65 residential units (20 one-bedrooms, 39 two-bedrooms, 5 three-bedrooms, and a super’s unit) and 2 commercial spaces. The building benefits from a J-51 tax exemption active through 2029, and also generates additional income from an antenna lease. Conveniently positioned near the Major Deegan Expressway, Jerome Avenue, Bx18A bus, and the 167th Street [4] train, the property offers excellent transit access. It’s also within a mile of major local landmarks such as Highbridge Park, Bronx Lebanon Hospital, Yankee Stadium, and the West Bronx Recreation Center, and is just a short walk to the East 167th Street retail corridor, Highbridge Green School, and PS 126. -Tax Class: 2- •Assessment (2025/2026): $1,363,050 •Taxes Before Exemption: $170,381 •J-51 Exemption: ($760,211) •Net Taxes (2025/2026): $75,355

Listing Details

  • Cap Rate

    9.23%

  • Space Type

    multifamily

  • Sub Category

    apartments-building

  • Date Listed

    10/3/2025

Property Specifics

  • Property Name

    Corner 67 Unit Mixed-Use Walk-Up Building

  • No of Buildings

    2

  • No of Stories

    6

  • No of Units

    67

  • Building Size

    63,185 SF

  • Lot Size

    13,602 SF

  • Zoning

    R7-1

Property Amenities

Location Amenities

Airport
Commuter Rail
Public Transportation