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    2543 Bronxwood Ave Bronx, NY 10469

    For Sale
    $3,250,000

    16-Unit Building, Excellent Condition, High Occupancy

    Property size:
    8,483 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional multi-family property at 2543 Bronxwood Avenue in the Bronx, New York, presents a compelling investment opportunity. The building encompasses a substantial 8,483 square feet and sits on a 0.07-acre lot. Currently fully occupied, this four-story walk-up building offers a diverse mix of sixteen rental units, providing a stable income stream. The unit breakdown includes one studio apartment, eight one-bedroom units, and seven two-bedroom units, catering to a broad range of tenants. The building is described as being in excellent condition, a testament to its well-maintained structure and the responsible management practices employed. The consistent occupancy rate speaks volumes about the property's desirability and the quality of the tenant base. The asking price for this turnkey investment is $3,250,000. This represents a significant opportunity for investors seeking a strong return on investment in a thriving urban market. The property's location in the Bronx offers easy access to various amenities and transportation options, further enhancing its appeal to both tenants and investors. This is a rare chance to acquire a well-maintained, high-occupancy multi-family building with significant potential for future growth and appreciation. The strong tenant base and excellent condition make this a low-risk, high-reward investment.

    Property Features for 2543 Bronxwood Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,483 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    2008
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    La Gruta Historical Landmark

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx County
    State
    New York
    Longitude
    -73.86189
    Latitude
    40.86449

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    FAQs

    What type of property is this?
    Commercial real estate - 16-Unit Building, Excellent Condition, High Occupancy
    Where is this commercial real estate located?
    The property is located at 2543 Bronxwood Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $3,250,000.
    (718) 324-6060
    Request Owner's contact information
    2543 Bronxwood Ave Bronx, NY 10469
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    Bronx, NY 10469
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2543 Bronxwood Ave Bronx, NY 10469
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