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Commercial Sale in Bronx, New York, Bronx, NY 10460 | Web ID: 956199 | $4,100,000

 
Commercial Sale in New York - 178th  Bronx, NY 10460Commercial Sale 178th  Bronx, NY 10460, MLS-956199-2Commercial Sale 178th  Bronx, NY 10460, MLS-956199-3Commercial Sale 178th  Bronx, NY 10460, MLS-956199-4Commercial Sale 178th  Bronx, NY 10460, MLS-956199-5Commercial Sale 178th  Bronx, NY 10460, MLS-956199-6Commercial Sale 178th  Bronx, NY 10460, MLS-956199-7
 

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.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Commercial Sale
Tax $81,000.00
Year Built 1940
Basement Storage Space
Construction Brick
Total Units 21
Cooling None
Heat Source Hot Air
Util Incl Cable Connected, Electricity Connected, Phone Connected
Days On Market 38
Parking Features On Street
Tax Lot 4
Units 21
Listing information courtesy of: ERA Insite Realty Services

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