$24,000,000

Prescott Square Realty is a 40 unit multi-family residential complex in the Village of Bronxville operated by the fourth generation of a family which has been its steward for 100 years. It sits at the corner of Prescott Avenue and Sagamore Road on the east side of the Metro North railroad line, making for a very friendly walk to the Bronxville schools, shopping district and train depot. Development occurred at the tail-end of a broad wave of apartment building and townhouse construction that took place during the first three decades of the 20th century up and down Sagamore Road. The property directly abuts one of the most beautiful single family home neighborhoods found on the East coast: Bronxville’s Hilltop. There are 28 units in a six-story, prewar Tudor apartment building, as well as 10 four-bedroom/two-bath townhouses, and 2 single family homes. There are 14 garages and 8 outdoor assigned parking spaces rented to residents. The remaining 13 outdoor spaces are assigned to the townhouse and single family residents. The Village tax rolls have the property broken down into six separate parcels spanning 1.93 acres within its four boundaries. All six parcels are zoned Residence C - Three-Story Multiple Residence. No partial sales. No seller financing. No 1031s.