1727 Fowler Ave The Bronx, NY 10462

Property Details for 1727 Fowler Ave

Year built

1925

Property size

3,024 SF

Property type

Commercial real estate

Description

Exceptional investment opportunity awaits with this meticulously maintained Class A, five-unit apartment building located in the desirable Morris Park section of the Bronx, New York. This 100% occupied property boasts 3,024 square feet of net rentable space, spread across a two-story brick building constructed in 1925 and extensively renovated in 2014. The building sits on an expansive 50' x 75' lot and includes a two-car garage and a finished basement, adding significant value. Each of the five units features high-end finishes, including granite countertops and hardwood floors, complemented by new windows and doors throughout. Tenants are responsible for all utilities, minimizing owner expenses. Three units will be delivered vacant at closing, providing immediate flexibility for the new owner. This free-market property enjoys a prime location, within walking distance of excellent schools, diverse shopping and dining options, and major transportation hubs. Its proximity to Jacobi and Einstein Hospitals further enhances its appeal. The asking price is $1,699,000, representing a compelling investment opportunity in a thriving Bronx neighborhood. This is a rare chance to acquire a fully renovated, high-performing multifamily property with significant upside potential.