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$ 4,100,000
Est. payment | /mo
$ 4,100,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 956199
Rental Info No
Year Built 1940
Annual Tax Amount $81,000
Property Sub-Type Multi Family
Source onekey2
Property Description
Prime mixed-use investment property located in a high-demand area of the Bronx, NY. This substantial asset features 20+ residential apartment units above ground-floor retail, offering investors a rare opportunity to acquire a scale multifamily property with diversified income streams.
The residential units benefit from consistent tenant demand driven by the Bronx's strong rental market and proximity to public transportation, major roadways, and neighborhood amenities. The retail component provides additional income potential and is well-suited for neighborhood-serving businesses, professional services, or food and retail operators, enhancing the overall stability of the asset.
This property presents significant upside through rent growth, operational efficiencies, and potential repositioning. Ideal for investors seeking long-term cash flow, portfolio-scale multifamily exposure, and value appreciation in one of New York City's most resilient rental markets.
A compelling opportunity for both institutional and private investors looking to capitalize on the continued growth and demand in the Bronx.
The residential units benefit from consistent tenant demand driven by the Bronx's strong rental market and proximity to public transportation, major roadways, and neighborhood amenities. The retail component provides additional income potential and is well-suited for neighborhood-serving businesses, professional services, or food and retail operators, enhancing the overall stability of the asset.
This property presents significant upside through rent growth, operational efficiencies, and potential repositioning. Ideal for investors seeking long-term cash flow, portfolio-scale multifamily exposure, and value appreciation in one of New York City's most resilient rental markets.
A compelling opportunity for both institutional and private investors looking to capitalize on the continued growth and demand in the Bronx.
Location
State NY
County Bronx County
Rooms
Basement Storage Space
Interior
Heating Hot Air
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Cable Connected, Electricity Connected, Phone Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by ERA Insite Realty Services • Zuleika Taveras