Excellent mixed use investment opportunity in the heart of Castle Hill, Bronx !


Property

Website: https://www.nestseekers.com/5348115
Address:
New York, NY 10462
Ownership: For Sale
Type: mixed-use
Lot Size: 0.0 Acres

Financials

Price:$1,350,000
Annual Taxes:$4,844.03

Description

Excellent mixed-use investment opportunity in the heart of Castle Hill, Bronx! Located directly on busy Westchester Avenue, this well-maintained property offers outstanding visibility and strong income potential. The building features a renovated ground-floor commercial space, ideal for a variety of businesses, positioned in a high-traffic area with a hospital directly across the street and close proximity to the train station, ensuring constant foot and vehicle traffic. Above the commercial space are two spacious residential units: the second-floor apartment offers three bedrooms and one bathroom, while the third-floor apartment also features three bedrooms and one bathroom and is currently rented for $3,000 per month. The storefront and second-floor apartment are currently vacant, providing flexibility for an owner-user or the opportunity to maximize rental income. The property is in great condition and requires no work, making it a turnkey investment. Convenient location, strong rental potential, and easy to show make this an excellent opportunity for investors or business owners alike.

Amenities

  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Available
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Century 21 Galvez