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.
Property Features
House Interior
Eat-in Kitchen
Recessed Lighting
Cooling Information
Wall/Window Unit(s)
Heating Information
Electric
Water Features
Public
Utilities
Electricity Available
Basement
Storage Space
School Information
School Information for 1256 Shakespeare Avenue, Bronx, NY 10452