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1031 exchange properties
NY
Bronx
10463
2890 Bailey Ave

Property profile

2890 Bailey Ave The Bronx, NY 10463

FOR SALE

1031 exchange properties

Property ID

US63-2493224

Built 1901

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$1,100,000

2890 Bailey Ave,Unit The, Bronx, NY 10463
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Welcome to the heart of Kingsbridge Heights! This property offers excellent accessibility with nearby public transportation and the Major Deegan Expy (I-87) for easy commuting. The first floor features one-bedroom (Front) & an OVERSIZE studio that can be converted to a one bedroom apartment (Rear) with private access to a stunning backyard. On the second and third floors, you'll find three-bedroom apartments, each with a full bathroom. The finished walk-out basement boasts a spacious family room and half bath, with two entrances leading to the front and backyard. Zoned as R6, this versatile property presents endless opportunities. Three out of four apartments will be vacant upon purchase, all of which are free-market. Ideal for owner-occupiers seeking an elegant living space and rental income from the other units, or for savvy investors looking to maximize their monthly returns by renting out all four apartments. Don't miss this chance, book an appointment now to view this remarkable property! Additional Information: Amenities:Storage bikeScore: 36, Somewhat Bikeable walkScore: 80, Very Walkable transitScore: 69, Good Transit

Property type 1031 exchange properties

Year built 1901

UPID US63-2493224

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

2890 Bailey Ave, Unit The Bronx, NY 10463

Bronx metro

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Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

$299,000

1,306 SF

First-Floor Office Suite

Bright first-floor office space with seven private rooms, two bathrooms, and a waiting area with reception desk.

2711 Henry Hudson Pkwy Unit 1F, Bronx, NY 10463

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North Bronx Development Site

Development land on Riverdale Avenue with approved plans for a 14-story mixed-use building and ground-floor commercial space.

3644 Oxford Avenue, Riverdale, NY 10463

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New

$375,000

950 SF

Residential Income Property with Terrace

A 10th-floor cooperative apartment offers an open layout, river views, and access to full-service building amenities.

2400 JOHNSON Avenue 10C, Bronx, NY 10463

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New

$649,000

1,028 SF

Residential Income Property with Amenities

Two-bedroom condominium with abundant natural light, updated hardwood flooring, and full-service building amenities.

460 W 236TH Street 2B, Bronx, NY 10463

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New

$840,000

1,446 SF

Two-Bedroom Residential Income Property

Corner-oriented condominium residence with private balcony, open kitchen, in-unit laundry, and extensive building amenities.

640 W 237th Street 6D, Bronx, NY 10463

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New

Contact for pricing
18,750 SF

Pre-War Mixed-Use Walk-Up

Well-maintained 5-story walkup built in 1913 with 20 units and two retail storefronts totaling 18,750 square feet.

160 W 231st St, Bronx, NY 10463

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Similar Nearby for Sale

$299,000

1,306 SF

First-Floor Office Suite

Bright first-floor office space with seven private rooms, two bathrooms, and a waiting area with reception desk.

2711 Henry Hudson Pkwy Unit 1F, Bronx, NY 10463

View Details
Contact for pricing

North Bronx Development Site

Development land on Riverdale Avenue with approved plans for a 14-story mixed-use building and ground-floor commercial space.

3644 Oxford Avenue, Riverdale, NY 10463

View Details
New

$375,000

950 SF

Residential Income Property with Terrace

A 10th-floor cooperative apartment offers an open layout, river views, and access to full-service building amenities.

2400 JOHNSON Avenue 10C, Bronx, NY 10463

View Details
New

$649,000

1,028 SF

Residential Income Property with Amenities

Two-bedroom condominium with abundant natural light, updated hardwood flooring, and full-service building amenities.

460 W 236TH Street 2B, Bronx, NY 10463

View Details
New

$840,000

1,446 SF

Two-Bedroom Residential Income Property

Corner-oriented condominium residence with private balcony, open kitchen, in-unit laundry, and extensive building amenities.

640 W 237th Street 6D, Bronx, NY 10463

View Details
New

Contact for pricing
18,750 SF

Pre-War Mixed-Use Walk-Up

Well-maintained 5-story walkup built in 1913 with 20 units and two retail storefronts totaling 18,750 square feet.

160 W 231st St, Bronx, NY 10463

View Details

Similar Nearby for Lease

$3,500/Mo

Office Space for Rent

1,000 Sq.Ft office space ideal for medical, lawyer, CPA.

3845 Sedgwick Ave, The, Bronx, NY 10463

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1,530 sqft

Retail Space with Customer Parking

Retail space positioned in a high foot-traffic area with access to a customer parking lot.

5660-5680 Broadway, Bronx, NY 10463

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789 sqft

Retail Storefront at Rainbow Shoppes

Storefront retail space currently part of Rainbow Shoppes, with Chipotle co-tenancy, available in an arranged layout.

190 W 231st St, Bronx, NY 10463

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New

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Retail Space at Broadway Plaza

Retail space available at a prominent Bronx location.

Broadway Plaza, Bronx, NY 10463

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1,000 sqft

Retail Space Near Highway Access

Retail space near Major Deegan access, positioned along W 230th St in the Bronx.

225 W 230th St, Bronx, NY 10463

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3,060 sqft

Medical/Office Space with Private Entrance

3,060 SF suite suitable for medical or office use.

3190 Riverdale Ave, The, Bronx, NY 10463

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