309 Bedford Park Blvd, Bronx, NY 10458

This four-story stone and brick multifamily property includes five oversized market-rent residential units, composed of three 5-bedroom/2-bathroom apartments, one 4-bedroom/2-bathroom unit, and one ground-floor 2-bedroom/2-bathroom apartment. The building underwent a full gut renovation approximately eight years ago, with upgrades that included new drywall, electrical systems and fixtures, renovated kitchens and bathrooms, updated windows, a new roof, new furnaces and hot water heaters, updated heating elements, and new gas piping. Ownership has continued to maintain and improve the asset since the renovation. All utilities are fully separated, with each unit served by its own gas furnace and separate hot water heater, totaling five independent heating systems across the property. Additional capital improvements include newly installed concrete and drainage piping completed about two years ago, along with utility and emergency water shutoff updates such as a newly installed sidewalk curb valve and related shutoff valves in the utility room.

The first, second, and third floor units are currently occupied by a daycare operation. The property’s residential leases are market rent with yearly leases ending in November.

With five distinct residential unit layouts and independently served mechanical systems, the property is positioned for operators seeking a well-documented renovation history and controlled utility separation. The building is located within an R7A zoning district, which allows for approximately 2,676 square feet of additional buildable area for long-term development and expansion planning.