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3717 Bronxwood Ave, Unit The Bronx, NY 10469

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For Sale
$2,495,000

Four-story mixed-use property with 15 apartments and two commercial units.

Property Features for 3717 Bronxwood Ave

General Information

Property type
Investment
Standard status
Active

Building Details

Year built
1926

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Listing Contact
Daniel Seymour
Source: Elliman

Listing Agent: Daniel Seymour

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

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Overview

Bronx Mixed-Use Investment Opportunity

This four-story mixed-use property is located in the Bronx and offers an investment opportunity. The building provides 13,740 square feet of space and is situated on a 4,838 square foot lot. It features a fully detached brick structure with 9 one-bedroom units and 6 two-bedroom units, along with two street-level commercial units. The property generates a gross income of over $300,000, with potential for additional revenue streams. Each apartment has separate gas and electricity meters, and features open layouts with natural light. The rooftop can accommodate a cell site or be upgraded to a rooftop deck. The basement offers an additional 4,100+ square feet, suitable for a laundry setting, bike storage, or assigned storage units, which could generate further income. The property is centrally located near trains, buses, express buses, commuters, and minibuses, with close proximity to banks, restaurants, supermarkets, stores, shopping malls, parks, schools, a library, and expressways. This property promises consistent returns with potential for additional revenue streams and high ROI.
Location Intelligence

Current Use by Public Records

Bond Street Realty ... Real Estate Agency Vivid Vows Wedding Service

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
-73.85827
Latitude
40.880151

FAQs

What type of property is this?
Mixed-use property - Four-story mixed-use property with 15 apartments and two commercial units.
Where is this mixed-use property located?
The property is located at 3717 Bronxwood Ave, Unit The Bronx, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: - High gross income of $300,000+ with potential for increased revenue.; - Mixed-use property featuring 15 residential units (9 one-bedroom, 6 two-bedroom) and 2 commercial units.; - Fully detached brick structure offering multiple exposures for natural light.
More about this property
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