Located in the vibrant Port Morris section of the Bronx, 143-153 Lincoln Avenue offers a prime investment opportunity with strong growth potential. This well-maintained property spans 12,500 sq. ft. and features six brick, 4-story walk-up buildings with 29 residential units and two commercial spaces. The residential units, a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing steady rental income. The commercial spaces are leased to thriving small businesses. The expansive lot also offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Just one block from the 3rd Avenue Bridge, the property offers easy access to Manhattan and major highways, with the surrounding neighborhood undergoing growth and revitalization. This property is an ideal opportunity for investors seeking both immediate cash flow and long-term value appreciation. BuildingAreaSource: Other,
Property Details
Property Features
Property Information:
Architectural Style: Multi Family
Year Built: 1910
Listing Office:
Office Name: Keller Williams Realty NYC Grp
Office Phone: (718) 697-6800
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Attached Garage: No
Utilities
Utilities Information:
Heating: Oil
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
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Housing Market Comparison
See how this home compares to others in Bronx, NY.
This property is $2.6M more than the Median Sold Price in Bronx, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #H800233
Listing Office:
Office Name: Keller Williams Realty NYC Grp
Office Phone: (718) 697-6800
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/25/2024, 10:57:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
PS 154 Jonathan D Hyatt
333 E 135th St
Distance between this listing and this school0.18 miles
Public District Grades PK-5
10
/10
Zeta Charter School - Bronx 1
222 Alexander Ave
Distance between this listing and this school0.22 miles
Public Charter Grades KG-3
5
/10
PS 49 Willis Avenue
383 E 139th St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
Nearby Schools
9
/10
South Bronx Classical Charter School II
333 E 135th St
Distance between this listing and this school0.19 miles
Public Charter Grades KG-8
6
/10
Family Life Academy Charter School II
296 E 140th St
Distance between this listing and this school0.29 miles
Public Charter Grades KG-8
10
/10
Success Academy Charter School-Harlem 2
144 E 128th St Fl ST-3rd
Distance between this listing and this school0.40 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Urban Assembly Bronx Academy of Letters (The)
339 Morris Ave
Distance between this listing and this school0.38 miles
Public District Grades 6-12
5
/10
Community School for Social Justice
350 Gerard Ave
Distance between this listing and this school0.50 miles
Public District Grades 9-12
3
/10
Health Opportunities High School
350 Gerard Ave
Distance between this listing and this school0.50 miles
The neighbors living near this home have an average income of $46,324. The most common annual income of people living in Bronx, NY is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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This home is located at 143 Lincoln Ave in Bronx, NY and zip code 10454 in the Mott Haven neighborhood. This home was built in 1910. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $3,200,000.
Over 38 listings were sold over their listed price in October 2024 in Bronx, NY. In the same period over 61 listings were sold below the listed price and 46 listings were sold for the listed price. Between September 2024 and October 2024, Bronx, NY real estate market has seen increase in the number of listings by 2.8%. Listings spent 64 days on the market in October 2024, and had a median list price of $589,852 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
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