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.
Bedroom: 13 Full Bath: 13 Other: 2
Lot Size: 0.0602 Lot Sq Ft: 2624 Approx. Int. Sq. Ft.: 675.00
Heat: Electric A/C: Wall/Window Unit(s) Water: Public Sewer: Public Sewer
School District#: 1
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