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    3174-3190 Riverdale Ave Bronx, NY

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    Two adjacent buildings with residential and commercial units in Riverdale.

    Type:MULTIFAMILY
    Property size:
    12,143 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $452/SF
    Added:
    Dec 26, 2024
    Days on Market:
    491
    Last Refresh:
    Apr 5 at 9:55 pm

    Property Features for 3174-3190 Riverdale Ave

    General Information

    Standard status
    Active
    Size
    12,143 SF
    Lot size
    0.19 Acres
    Property subtype
    MULTIFAMILY

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    Listing Contact
    Samia Farah

    Listing agent Samia Farah

    Listing office Kassin Sabbagh Realty (KSR)

    Listing date Dec 26, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Kassin Sabbagh Realty (KSR)


    Overview

    Riverdale Avenue Mixed-Use Investment

    Located in the Riverdale neighborhood of The Bronx, 3174-90 Riverdale Avenue presents a real estate opportunity featuring two adjacent buildings. The properties include 22 residential units and 8 commercial spaces. The buildings have 213 feet of frontage on Riverdale Avenue and 214 feet on Irwin Avenue, situated between West 231st Street and West 232nd Street. Local educational institutions such as the Fieldston School, Manhattan College, and the Riverdale/Kingsbridge Academy are nearby. Local shopping and dining options include Liebman’s Deli, Starbucks, Walgreens, and An Beal Bocht Café. Recreational options include Van Cortlandt Park, Seton Park, and Wave Hill’s gardens. Transportation is facilitated by Metro-North and subway stations at 231st and Broadway and 225th and Marble Hill. The properties offer amenities including private terraces, outdoor common seating areas, and laundry facilities in every apartment. All units, both residential and commercial, are equipped with central heating and air conditioning. Specifically, 3190 Riverdale features twelve two-bedroom units with two baths, one three-bedroom unit with two baths, and an eight-car indoor garage. 3174 Riverdale includes eight two-bedroom units with two baths, one one-bedroom unit with one bath, and a five-car indoor garage. Other features include durable rubber roofs, brick and masonry construction, and comprehensive utility systems. The buildings are equipped with state-of-the-art sprinkler systems, backup pumps, compactor rooms, and both gas and electric meters. Electrical systems feature 160-amp circuit breakers for residential units and 150-200 amp breakers for commercial spaces. Digital elevator rooms with air-conditioning and ‘on-demand’ wall-mounted Navien boilers for heating ensure optimal performance. Commercial units have Carrier heating and AC units. Security cameras are installed throughout, and ADA-compliant elevators provide accessibility to all floors. Both properties benefit from a 421a tax abatement, offering an estimated annual savings of $218,425, with 3174 Riverdale enrolled in the 15-year program. The property has a size of 12143 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9083
    Latitude
    40.8823

    FAQs

    What type of property is this?
    Apartment building - Two adjacent buildings with residential and commercial units in Riverdale.
    Where is this apartment building located?
    The property is located at 3174-3190 Riverdale Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Prime location in Riverdale, a high‑income area, with 213 feet of frontage on Riverdale Avenue and 214 feet on Irwin Avenue.; Significant annual tax savings of approximately $218,425 due to a 421a tax abatement.; Combination of 22 residential units and 8 commercial spaces, offering a live/work standard.
    (212) 417-9217 Call to check price and availability
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