1535 Westchester Ave, Unit The, Bronx, NY 10472
- Retail residential properties
- 12,870 SF
- 0.09 lot acres
Current Use by Public Records
- New Garden Chinese Kitchen / Restaurant
- Benny's Automobile Driving School / Training Center / Vocational School
- DolEx Dollar Express / Bank / Credit Union
- New Garden / Restaurant
Property Details for 1535 Westchester Ave
- Year built
- 1913
- Lot size
- 0.09 lot acres
- Zone code
- C4-2
- Property type
- Retail residential properties
- APN
- 03773-0003
- APU
- 37730003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 4, 2025 | — | 800 Realty Corp. | — | Deed · related | $167k · Flushing Bank |
| Feb 13, 2024 | $2,034,743 | Ali Hamad | Alkabyalee Monsour | Deed | $400k · Spring Bank |
| Nov 1, 2019 | — | 800 Realty Corp | — | Deed · related | $743k · Spring Bank |
| Oct 29, 2019 | — | 800 Rlty Corp | Silas Metro Holding Corp | Correction Deed | — |
| Jul 25, 2011 | — | Silas Metro Holdings Corp | 800 Realty Corp | Grant Deed | — |
| Dec 10, 2007 | — | 800 Realty Corp | 1531 Realty LLC | Grant Deed · related | $1.8M · Bank Of Smithtown |
| Sep 21, 2004 | — | 1531 Realty LLC | 1531 Realty Corp | Quit Claim Deed · related | — |
| — | — | 800 Realty Corp Rkan Realty Ll | — | Deed Of Trust · related | $400k · Baron Associates |
| — | — | 800 Realty Corp | — | Deed Of Trust · related | $200k · Baron Associates |
| — | — | Baron Associates | — | Deed Of Trust · related | $200k · 800 Rlty Corp |
| — | — | 1531 Realty LLC | — | Deed Of Trust · related | $329k · Baron Associates |
| — | — | 1531 Realty Corp | — | Deed Of Trust · related | $350k · Baron Associates |
| — | — | Bank Of Smithtown | — | Deed Of Trust · related | $1.4M · 800 Rlty Corp |
| — | — | 800 Rlty Corp | — | Loan Modification · related | $2.8M · Spring Bk |
| — | — | Silas Metro Holdings Corp | — | Deed Of Trust · related | $203k · Signature Bank |
| — | — | 1531 Realty LLC | — | Deed Of Trust · related | $157k · Levites Family LP |
| — | — | 800 Realty Corp | — | Deed Of Trust · related | $313k · Baron Associates |
Description
This exceptional mixed-use investment property, located at 1535 Westchester Avenue in the Bronx, New York (zip code 10472), presents a compelling opportunity for discerning investors. The building boasts a substantial 27,051 square feet and comprises 24 multi-family units, offering a strong foundation for consistent cash flow. With an asking price of $5,500,000, the property exhibits an attractive capitalization rate of 7.51%, generating a net operating income (NOI) of $413,059. The price per square foot is $203.32. Situated on a bustling section of Westchester Avenue, directly at the subway entrance, this property benefits from high visibility and excellent accessibility. The prime retail corridor location ensures high traffic and strong tenant demand. The building's high occupancy rate and steady cash flow contribute to its secure investment profile. Furthermore, the property offers significant potential for rental upside, making it an ideal long-term investment in a thriving neighborhood. This is a rare opportunity to acquire a well-positioned, high-performing multifamily asset in a rapidly developing area of the Bronx. The property's strong fundamentals and strategic location make it a compelling addition to any investment portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,035,000
- ML approach
- $2,035,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,475,000
Market price range: $328k - $1.48M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,050,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8786
- Latitude
- 40.8289
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
