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    2024 Continental Ave, Unit The Bronx, NY 10461

    For Sale
    $1,249,998

    Detached brick 3-family near transportation and shops.

    Lot size:
    0.06 Acres

    Property Features for 2024 Continental Ave

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1930

    Source: De Luca Realty Group INC Agent Christina De Luca

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

    Overview

    Pelham Bay Brick Multifamily Property

    This is a large detached brick three-family property located in Pelham Bay. The building includes a two-car garage in the back. The layout features a three-bedroom unit over two two-bedroom units. There are two balconies. The property is equipped with a new boiler, gas heating, and a new hot water heater. The middle floor will be delivered vacant. The top and bottom units currently generate a total rent of $6,650, excluding the middle floor. The property is located close to train, transportation, and shops.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.829899
    Latitude
    40.853041

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    FAQs

    What type of property is this?
    Apartment building - Detached brick 3-family near transportation and shops.
    Where is this apartment building located?
    The property is located at 2024 Continental Ave, Unit The Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,249,998.
    What are key features of this property?
    This property features: - Large detached brick 3-family house in Pelham Bay; - Two-car garage in the back; - Middle floor unit will be delivered vacant
    (917) 363-8127
    Request Owner's contact information
    2024 Continental Ave, Unit The Bronx, NY 10461
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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
    2024 Continental Ave, Unit The Bronx, NY 10461
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