1125 East Tremont Avenue, Bronx, New York, 10460

1125 East Tremont Avenue
Bronx NY 10460

Cross street:Devoe Avenue

Building

Type:Low-rise
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Rooms: 16
Bedrooms: 7 BR
Bathrooms: 2.5
Pets: Pets Unknown

Financials

Price: $1,395,000
415 Madison Avenue NY, NY 10017
Courtesy of Compass

Description

This recently renovated mix-use commercial/residential building in The Bronx offers an outstanding opportunity for business and investment use in the Eastern Bronx Van Nest neighborhood. Positioned on a 27-foot by 112-foot block-through lot, this property includes two commercial units, two residential units, and a double basement. The spacious storefront includes East Tremont frontage, a half-bathroom, central A/C and rear exit. Two large residential units offer floor-through layouts. The basement includes a utility room, boilers/heaters and a separate entrance. The rear warehouse at the back of the lot, off 179th Street, consists of an office, roomy basement, and a half-bathroom. Each of the residential tenants pay their own utilities, and the commercial units pay some of the taxes. The property’s extensive renovation included a new roof, windows, boiler, hot water tank, and storefront, plus new electrical and plumbing. With a low down payment and expenses, this affordable offering delivers great return on investment and multiple opportunities for running a business with additional rental income. Located in the developed, accessible Van Nest neighborhood, this building is surrounded by local shops and services, with the Bronx River Arts Center, Bronx Zoo and New York Botanical Garden all nearby. Transportation is effortless with 2 and 5 trains, excellent bus service, and the Cross Bronx Expressway and Bronx River Parkway within easy reach.

Amenities

  • Voice Intercom
  • Walk-up

This recently renovated mix use commercial residential building in The Bronx offers an outstanding opportunity for business and investment use in the Eastern Bronx Van Nest neighborhood.

Description

This recently renovated mix-use commercial/residential building in The Bronx offers an outstanding opportunity for business and investment use in the Eastern Bronx Van Nest neighborhood. Positioned on a 27-foot by 112-foot block-through lot, this property includes two commercial units, two residential units, and a double basement. The spacious storefront includes East Tremont frontage, a half-bathroom, central A/C and rear exit. Two large residential units offer floor-through layouts. The basement includes a utility room, boilers/heaters and a separate entrance. The rear warehouse at the back of the lot, off 179th Street, consists of an office, roomy basement, and a half-bathroom. Each of the residential tenants pay their own utilities, and the commercial units pay some of the taxes. The property’s extensive renovation included a new roof, windows, boiler, hot water tank, and storefront, plus new electrical and plumbing. With a low down payment and expenses, this affordable offering delivers great return on investment and multiple opportunities for running a business with additional rental income. Located in the developed, accessible Van Nest neighborhood, this building is surrounded by local shops and services, with the Bronx River Arts Center, Bronx Zoo and New York Botanical Garden all nearby. Transportation is effortless with 2 and 5 trains, excellent bus service, and the Cross Bronx Expressway and Bronx River Parkway within easy reach.

Amenities

  • Voice Intercom
  • Walk-up

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.