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9-Unit Rent-Stabilized Apartment Building
For Sale
$1,500,000

2308 Hughes Avenue, Bronx, NY 10458

Multifamily building with nine rent-stabilized apartments, including seven three-bedroom and two two-bedroom units.

Days on Market25

Property Features for 2308 Hughes Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 9

Building Details

Year Built 1931
Listing Agency: Silverside Realty LLC
Listed By: Khayum Khan
Source: Cohenandcohenrealty
Added: Jul 8 Changed: Jul 20 Last Checked: Aug 1 at 12:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silverside Realty LLC

Investment Insights

Based on property information with market context.

This multifamily apartment building offers nine rent-stabilized apartments, made up of seven three-bedroom units and two two-bedroom units. The property is positioned as an income-generating asset with long-term residential occupancy in place.

The building is described as being conveniently located near public transportation, major highways, shopping, schools, parks, and the area’s dining and retail corridor in the Belmont neighborhood of the Bronx. Prospective buyers are asked not to disturb tenants.

Additional information is presented as reliable but should be independently verified.

Key Highlights

  • Multifamily building built in 1931
  • 9 rent‑stabilized apartments: 7 three‑bedroom units and 2 two‑bedroom units
  • Rent‑stabilized unit mix supports stable, predictable rental income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,630
Businesses Nearby

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily building with nine rent-stabilized apartments, including seven three-bedroom and two two-bedroom units.
Where is this apartment building located?
The property is located at 2308 Hughes Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multifamily building built in 1931; 9 rent‑stabilized apartments: 7 three‑bedroom units and 2 two‑bedroom units; Rent‑stabilized unit mix supports stable, predictable rental income
More about this property
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