New York, NY 10456

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 5 BR
Bathrooms: 4
Pets: No Pets Allowed
Lot Size: 0.04 Acres

Financials

Price:$835,000
Annual Taxes:$3,374.28
505 Park Ave, New York, NY 10022
Listing Courtesy of Emran Estates Realty

Welcome to 1241 College Ave, Bronx, NY 10456 an exceptional investment opportunity offering strong income potential.

Description

Welcome to 1241 College Ave, Bronx, NY 10456 — an exceptional investment opportunity offering strong income potential. This solid brick property features three residential units and a ground-floor storefront, along with a full unfinished basement that provides excellent storage space or potential for future customization. The building includes two spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, all with comfortable layouts and great rental appeal. The storefront adds an additional income source or can be used for your own business. With a projected total rental income of approximately $10,000 per month and an estimated 10–11% CAP rate, this property offers impressive returns and reliable cash flow. Whether you’re an investor looking for a high-yield opportunity or a buyer interested in living in one unit while your tenants cover most of the mortgage, 1241 College Ave offers flexibility and long-term value. Conveniently located near major transportation, schools, shopping, and local amenities, this property provides both convenience and potential in one of the Bronx’s most active neighborhoods. Don’t miss your chance to own this income-generating property in a prime Bronx location. Contact Emran Bhuiyan at Emran Estates Realty for more details or to schedule a private showing.

Amenities

  • Electricity Available
  • First Floor Bedroom
  • First Floor Full Bath
  • Natural Gas 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.