New York, NY 10469

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$2,495,000
Annual Taxes:$47,081
505 Park Ave, New York, NY 10022
Listing Courtesy of Coldwell Banker American Homes

Welcome to 3717 Bronxwood Avenue an extraordinary mixed use investment opportunity located in the much sought after section of the Bronx !

Description

Welcome to 3717 Bronxwood Avenue- an extraordinary mixed-use investment opportunity located in the much sought after section of the Bronx! This property provides for 13,740 SF across four stories, featuring 9 one bedroom units, 6 two bedroom units & two street level commercial units generating a gross income of $300,000+with an upside for additional revenue streams! This fully detached brick structure is situated on a 4,838 square foot lot. Each apartment is separately metered for both gas & electricity consumption, in addition to simple open layouts with natural light coming in from multiple exposures. The rooftop can easily accommodate a cell site, and or be upgraded to a rooftop deck setting. The basement grants an additional 4,100+ SF outside of the 13,740 SF which can easily allow for a laundry setting, as well as bike & or assigned storage units which would bring in additional income. This property promises consistent returns for years to come with tremendous upside for additional revenue streams & high ROI in one of New Yorks' most vibrant of neighborhoods! -Centrally located: Near Trains, Buses, Express buses, commuters & minibuses -Close proximity to banks, restaurants, supermarkets, stores & shopping malls -Close proximity to parks, schools, library, expressways

Amenities

  • Cable - Available
  • Electricity Available
  • Natural Gas Available
  • Phone Available
  • Sewer Available
  • Trash Collection Public
  • Water Available

Long Island MLS

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.