$1,278,000
$1,360,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
SOLD DATE : 06/09/2024
Key Details
Sold Price $1,278,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYL3489420
Sold Date 06/09/24
Style Other
Bedrooms 6
Full Baths 4
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1932
Annual Tax Amount $16,412
Lot Dimensions 25x105.58
Property Sub-Type Duplex
Property Description
Perfect time to own a restaurant and two family in the heart of the vibrant Bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3500 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, with a potential rental income of up to $4000. Above, discover two available residential units, currently earning $1800 and $1700 for the second and third floors respectively. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $2500 each, making this property a promising investment for steady rental income - pro income can be 7.3% CAP. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after Bronx locale!
Location
State NY
County Bronx County
Rooms
Basement See Remarks
Interior
Heating Natural Gas, Other, See Remarks, Steam
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Off Street, On Street, Other
Amenities Available Park
Private Pool No
Building
Lot Description Near Public Transit, Near School, Near Shops
Water Public
Level or Stories Three Or More
Structure Type Brick
New Construction No
Schools
Middle Schools Bronx Bridges High School
High Schools Bronx Arena High School
School District Bronx 8
Others
Senior Community No
Special Listing Condition None
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Bought with B Square Realty Inc
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