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New York & Tri-State  + Uptown/Bronx  + Apartments  | 
2200 Powell Ave Bronx apartments

Alpha Realty Lists Two Prewar Walk-Ups in Parkchester

Alpha Realty is selling 2160 Newbold Ave. and 2200 Powell Ave, in the Parkchester section of the Bronx. The firm’s Lev Mavashev and Yehuda Leser are spearheading the assignment. 

Built in 1931, 2160 Newbold is a 33-unit building and just under 33,000 square feet. The four-story walk-up building is being marketed at just over $200/foot.  

Alpha notes that the property has long-term ownership and is fully rent stabilized. It’s fully occupied, and has excellent rent history. 

Built in 1916, 2200 Powell is a five-story walk-up with 126 apartments over 14 commercial units located three blocks south of 2160 Newbold. The block-through building is both well-maintained and in pristine condition, says Alpha. 

Both properties are located a short walk from the 6 train at the Castle Hill Ave Station. They have been under the same family ownership for over 20 years. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition