175 West 95th Street
175 West 95th Street, New York, NY, 10025, US
98 unités
Attributs
Nombre d'unités
167
Année de construction
2005
Rent & Income Restrictions
100% LIHTC / Section 610 Amendment
Descriptif
JLL is pleased to exclusively offer for sale Courtlandt Avenue, a 167 unit, 100% LIHTC community located in the Bronx, NY. The Property benefits from a $1,750+ spread to market-rate comparables and 97% current occupancy, supporting stable, bond-like cash flow further bolstered by significant future rent growth potential under the Section 610 program. New York City's supply-constrained, cost-burdened rental market — where 61% of renters are cost-burdened and less than 1% of total rental stock was delivered in 2025 — combined with the region's #1 ranking in U.S. metro GDP and metro population makes Courtlandt Avenue a compelling affordable housing investment opportunity.
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Points forts de l'investissement
- Stable, Bond-Like Cashflow
- Future Rent Growth Potential
- Long-term Tax Protection Play
- Affordable Housing in a Rent Burdened Market
- Located in the Premium New York City Metro
- Proximity to Economic Drivers and Ease of Access
Média
Courtlandt Avenue (0 Propriétés)
