Rare 24-unit multifamily investment opportunity in the desirable Longwood section of the Bronx. This solid brick property consists of two attached buildings in excellent condition with strong curb appeal, a desirable unit mix, and steady rental demand. 689 Beck Street features 13 studio apartments and 3 one-bedroom apartments. 693 Beck Street features 5 three-bedroom apartments and 3 four-bedroom apartments. Both buildings are serviced by one efficient boiler system, helping simplify management and reduce maintenance costs. Offered at a 7.5% cap Conveniently located near public transportation, shopping, schools, parks, and daily conveniences. A strong income-producing asset with durable construction, excellent condition, and long-term upside in a high-demand Bronx rental market.
| MLS # | 1007929 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1909 |
| Days On Site | 163 |
| Listing Provided By | eXp Realty | Luis F. Fernandez |
| SQ Feet | 7,456 |
|---|---|
| Basement | Y |
| Units | 24 |
| Building(s) | 2 |
| Zoning | R7-1 |
| Acreage | 0.10 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | None |
|---|
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 167400 |
| Tax Annual Amount | 26356 |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10455 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10455) | |
Price: $2,200,000 low | high Med: $599,500 sqft: 7,456 low | high Med: 1,147 $ / sqft: $295 low | high Med: $523 On site: 163 low | high Med: 103.5 | |
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10455 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10455) | |
Price: $2,200,000 low | high Med: $599,500 sqft: 7,456 low | high Med: 1,147 $ / sqft: $295 low | high Med: $523 On site: 163 low | high Med: 103.5 | |