Welcome to your next great investment — a newly built, four-story multifamily property at 1256 Shakespeare Avenue, just finished in 2025 and delivered 100% vacant. This sleek, turnkey building features 13 modern units (11 studios - 450 Sqft/ea + 2 one-bedrooms- 675 sqft/ea) and comes with an incredible 30-year tax abatement, giving investors serious long-term upside. With contracts signed at Certificate of Occupancy, you can close fast and start collecting rents immediately — no rent-stabilized units, no tenant issues, no delays. Located in a high-demand Bronx corridor, this asset is ideal for investors, developers, and 1031 buyers looking for a clean, cash-flow-ready building in one of NYC’s fastest-rising markets.
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Listing Snapshot
Price
$4,680,000
Days On Site
3 Days
Bedrooms
13
Inside Area (SqFt)
675 sqft
Total Baths
13
Full Baths
13
Partial Baths
N/A
Lot Size
0.0602 Acres
Year Built
2025
MLS® Number
901371
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
4 days ago
Listing first seen on site
4 days ago
Listing updated with changes from the MLS®
General Features
Acres
0.0602
Property Condition
New Construction
Property Sub Type
Manufactured On Land
Sewer
Public Sewer
SqFt Total
6222
Style
Modern
Utilities
Electricity Available
Water Source
Public
Interior Features
Appliances
Stainless Steel Appliance(s)
Basement
Storage Space
Cooling
Wall/Window Unit(s)
Heating
Electric
Interior
Eat-in KitchenRecessed Lighting
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Exterior Features
Construction Details
Stucco
Community Features
School District
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Schools
School District
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Elementary School
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Middle School
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High School
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Listing courtesy of Exit Realty DKC ArditExitDKC@gmail.com
Based on information submitted to the MLS GRID as of 2025-08-19 09:56 AM EDT.
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.
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