Nest Seekers

Situated on a prominent 5, 890 sq ft corner lot, this 3, 614 sq ft, three family residential property represents a rare, cash flowing investment in one of the Bronx ...

2532 Davidson Avenue
New York, NY 10468

Listing

Web ID:5595362
Website:https://www.nestseekers.com/5595362

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,500,000
Annual Taxes:$6,356.92

Description

Situated on a prominent 5,890 sq ft corner lot, this 3,614 sq ft, three-family residential property represents a rare, cash-flowing investment in one of the Bronx’s highest-density, most transit-connected corridors. While a deed restriction preserves the property in its current structural configuration, the expansive lot offers exceptional open space, private outdoor utility, and parking potential rarely found in this dense urban pocket. The Fordham submarket demonstrates remarkable residential strength, boasting a 97.25% renter-occupied rate and over 19,000 households in the immediate neighborhood. With local population density exceeding 100,000 residents per square mile, tenant demand remains exceptionally resilient, ensuring durable occupancy and steady cash flow across market cycles. Conveniently located at 2532 Davidson Avenue, the property is anchored by robust neighborhood retail and rapid, multi-line transit access via the 2, 4, 5, and D subway lines. Residents also benefit from immediate proximity to major institutional anchors, including Fordham University, the New York Botanical Garden, and the Bronx Zoo. Value creation is driven by operational upside and interior modernization. Investors can maximize net operating income through targeted unit renovations, updated finishes, and capitalizing on the generous grounds to command premium rents. As a low-maintenance, defensive residential asset in a supply-constrained market, this offering provides dependable yield, immediate cash flow, and strong long-term capital preservation.

Amenities

  • Double Pane Windows
  • Electricity Connected
  • Natural Gas Connected
  • Original Details
  • Sewer Connected
  • Trash Collection Public
  • Water Connected
  • 2532 Davidson Ave
  • 2532 Davidson Ave

Contact

Eastside, NY, Corporate
505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
info@nestseekers.com
Listing Courtesy of Locqube New York, Inc.
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