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Description

•Situated on the east side of University Avenue near Featherbed Lane, this property includes 21 one-bedroom, 37 two-bedroom, and 6 three-bedroom apartments. •Residents have easy access to a variety of national and local retailers along East Tremont Avenue, 170th Street, and Jerome Avenue. •The area is well-served by nearby supermarkets, restaurants, schools, and medical facilities. •Public transit is readily available with close proximity to the 4, B, and D subway lines, as well as direct access to the Bx3 and Bx36 bus routes.

Listing Details

  • Cap Rate

    9.14%

  • Space Type

    multifamily

  • Sub Category

    apartments-building

  • Date Listed

    10/3/2025

Property Specifics

  • Property Name

    1592-1600 University Ave

  • No of Stories

    10

  • No of Units

    64

  • Building Size

    63,064 SF

  • Lot Size

    15,766 SF

  • Zoning

    R7-1