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818-862 Beck Street – Listing Details

818-862 Beck Street, Bronx, NY 10459

  • For Sale $13,900,000
  • Property Type Multi-Family
  • Property Size 87,899 SF
  • Date Updated Apr 04, 2022

Ariel Property Advisors has been retained to sell 818-862 Beck Street, a package of 10 adjacent buildings on Beck Street in the Longwood section of the South Bronx.

The Beck Street Portfolio is comprised of 84 residential apartments and 87,900 gross square feet. The residential unit mix breaks down to five (5) 1-bedrooms, seven (7) 2-bedrooms, forty-five (45) 3-bedrooms, and twenty-seven (27) 4-bedrooms. The portfolio benefits from a 2B protected tax class as well as favorable zoning (R7-1), which offers roughly 36,000 square feet of air-rights.

Beck Street Portfolio is located in the Longwood section of the South Bronx and provides access to Bruckner Expressway, Robert F. Kennedy bridge, and 278. The package is conveniently located in the rapidly growing South Bronx with institutional investors and tenants increasing their presence in the area such as Amazon, Fresh Direct, Manhattan Beer Distributors and York Movie Studios. Other major ongoing and completed projects are The Arch’s, a pair of 25-story towers on the Harlem River consisting of 483 units, and Brookfield’s Bankside, which is comprised of 1,350 units that will change the skyline of the emerging South Bronx. The property is also in close proximity to the 2, 5 & 6 subway stops.

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Location

  • City Bronx, NY
  • Neighborhood Longwood
  • Zip Code 10459

Contacts

broker

Victor Sozio

Ariel Property Advisors

(212) 544-9500 x 12

broker

Jason M. Gold

Ariel Property Advisors

(212) 544-9500 x 22

broker

Shimon Shkury

Ariel Property Advisors

(212) 544-9500 x 11

broker

Daniel Mahfar

Ariel Property Advisors

(212) 544-9500 x 99

Contact 818-862 Beck Street

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