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1032 Longfellow Ave, Unit The Bronx, NY 10459

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Pending
$1,250,000

Four-family brick building with income potential in Longwood, Bronx.

Lot size:
0.06 Acres

Property Features for 1032 Longfellow Ave

General Information

Property type
Investment
Standard status
Pending
Lot size
0.06 Acres

Building Details

Year built
1930

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Listing Contact
Michael A. Brown
Source: Elliman

Listing Agency: Keller Williams Realty Group Listing Agent: Michael A. Brown

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

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Overview

Bronx Multifamily Investment Opportunity

Located in the Longwood section of the Bronx, 1032 Longfellow Avenue is a semi-detached, four-family brick building. The property contains four units: two one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment. There is also a finished basement with two full bathrooms. Two of the one-bedroom units are currently vacant, and the two-bedroom unit may be delivered vacant at closing. The property is located on a quiet, tree-lined block near Subway lines #2 and #5, Bruckner Blvd, schools, and shopping. The surrounding area is experiencing steady rental demand and neighborhood revitalization. This property is suitable for investors looking to add value and maximize rent roll, create a multi-generational living setup, or own a cash-flowing asset with appreciation potential.
Location Intelligence

Current Use by Public Records

Quadplexes

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
-73.887376
Latitude
40.824202

FAQs

What type of property is this?
Quadplex - Four-family brick building with income potential in Longwood, Bronx.
Where is this quadplex located?
The property is located at 1032 Longfellow Ave, Unit The Bronx, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: - Four spacious units offering immediate income potential, including 2 x 1-bedroom, 1 x 2-bedroom, 1 x 3-bedroom.; - Two vacant one-bedroom units and potentially vacant two-bedroom unit at closing, allowing for immediate renovation and rent repositioning.; - Finished basement with two full baths provides additional living space or income potential.
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