931-937 Summit Avenue, Bronx, NY 10452
Corner of Summit Avenue & West 162nd Street
Highbridge
Highbridge
Property Details
| Type | Multifamily |
|---|---|
| Neighborhood | Highbridge |
| Properties | Four |
| Size | 21,424 SF |
| Stories | 4 |
| Units | 32 |
Investment Highlights:
931, 933, 935 & 937 Summit Avenue are four 4-story walkup buildings with 32 apartments, within 21,424 SF combined. Located on the corner of Summit Avenue and West 162nd Street, the buildings benefit from a 15-Year 421A abatement from 2017 to 2032. The 32 rent stabilized units will convert to free market upon expiration of the abatement. The property is walking distance to the Yankee Stadium, Macombs Dam Park, and Lincoln Medical Center. Nearby subways include the 4 Train on 161st Street-Yankee Stadium and [B, D] & [A, C] Trains on 155th Street.
