$21M Bronx multifamily portfolio listed by M&M.

Marcus & Millichap has retained the exclusive listing for a five-building multi-family building portfolio, including two commercial units, in the Bronx. The listing price is $21.06 million.

Jeffrey B. Verchow and Gary E Calagna from The Verchow-Calagna Group of Marcus & Millichap are representing the seller.

"This five-building portfolio represents an excellent opportunity for an investor to acquire five recently upgraded, well-maintained apartment buildings plus two commercial units in the thriving Bronx market," says Calagna.

The five-building portfolio includes Bryant Avenue Apartments and retail located at 876-882 Bryant Ave., a 70,500 s/f five-story building includes 57 units and two retail spaces; 563-569 Cauldwell Ave., between East 149th Street and Westchester Avenue, a 45,750 s/f, five-story multi-family building that includes 49 studio, one- and two-bedroom units on a 10,667 s/f lot;

957 Kelly St., between East 163rd Street and Westchester Avenue, a 38,237 s/f, five-story multi-family building that includes 41 units on an 8,750- s/f lot; 2685 Valentine Ave., a 42,500 s/f five-story multi-family building and; University Avenue Apartments at 1201 University Ave., a 33,425 s/f, five-story multi-family building that includes units on a 18,683 s/f lot.