847 Castle Hill Avenue presents a rare opportunity to acquire a fully vacant mixed use asset in the heart of the bustling Castle Hill corridor.


Property

Website: https://www.nestseekers.com/5436740
Address:
New York, NY 10473
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,500,000
Annual Taxes:$9,237.76

Description

847 Castle Hill Avenue presents a rare opportunity to acquire a fully vacant mixed-use asset in the heart of the bustling Castle Hill corridor. Situated on a 2,035 square foot lot and offering approximately 2,763 square feet of interior space, this well-maintained property is ideally positioned for investors, owner-users, or 1031 exchange buyers seeking immediate upside. The offering includes a highly visible ground-floor commercial storefront of approximately 500 square feet, perfectly suited for retail, office, or professional use, along with three residential units consisting of a first-floor two-bedroom apartment with direct access to a private fenced backyard, a second-floor two-bedroom apartment, and an additional second-floor one-bedroom apartment. Each residence features a full bathroom, generous natural light, and functional layouts, with select interiors enhanced by modern updates including shaker-style cabinetry. With two occupants currently in the process of vacating, the property will be delivered fully vacant at closing, allowing for immediate lease-up at market rents or seamless owner occupancy. A true value-add opportunity in one of the Bronx’s most active and established mixed-use corridors.

Amenities

  • Cable Connected
  • Electricity Connected
  • Entrance Foyer
  • Granite Counters
  • High ceiling
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Storage
  • Trash Collection Public
  • Underground Utilities
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group