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2875 Briggs Ave, Unit The Bronx, NY 10458

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For Sale
$1,550,000

Two well-maintained triplexes in Bedford Park, Bronx, for sale.

Lot size:
0.06 Acres

Property Features for 2875 Briggs Ave

General Information

Property type
Investment
Standard status
Active
Lot size
0.06 Acres

Building Details

Year built
2007

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Listing Contact
Bryan P. Dale
Bryan P. Dale
Source: Elliman

Listing Agent: Bryan P. Dale

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

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Property Insight Report

Overview

Two Bronx Triplexes Package Deal

This package deal features two semi-detached brick triplexes located in Bedford Park, Bronx. Constructed in 2007, each property contains three apartments, each featuring three bedrooms and two bathrooms. Each apartment has separate heating and hot water systems, and tenants are responsible for all utilities. Both buildings include full finished walk-out basements and share a large backyard. A private driveway provides six side-by-side parking spots. The combined current net operating income is $187,190. A tax abatement is in place until 2032, resulting in taxes of $500 per month. The location is one block from Grand Concourse and near the B, D, and 4 subway lines. This is an opportunity to acquire six free-market units, two finished basements, and private parking in a growing neighborhood. Must be purchased as a package with 2877 Briggs Ave MLS#878577.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

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  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.88812
Latitude
40.869943

FAQs

What type of property is this?
Triplex - Two well-maintained triplexes in Bedford Park, Bronx, for sale.
Where is this triplex located?
The property is located at 2875 Briggs Ave, Unit The Bronx, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: - High combined Net Operating Income (NOI) of $187,190.; - Tax abatement in place until 2032, resulting in low monthly taxes of $500.; - Two well-maintained, cash-flowing brick triplexes built in 2007.
More about this property
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