Perfect time to own a restaurant and two family in the heart of the vibrant Bronx neighborhood. This mixed-use property showcases a perfect blend of commercial and residential possibilities, offering an exceptional opportunity for owners to build their dream business or bolster their investment portfolio. The ground floor reveals a vast commercial space currently generating $3500 in rent, ideal for a variety of retail or business activities. The high-visibility storefront and heavy foot traffic offer the perfect backdrop for your business, with a potential rental income of up to $4000. Above, discover two available residential units, currently earning $1800 and $1700 for the second and third floors respectively. These well-lit, spaciously laid-out units hold potential for an increased rental income of up to $2500 each, making this property a promising investment for steady rental income - pro income can be 7.3% CAP. Embodying a unique fusion of commercial and residential prospects, this property stands as a lucrative investment in the bustling local rental market. Don't miss out on the chance to capitalize on this dynamic mixed-use opportunity nestled in the sought-after Bronx locale!
available on
7/6/2023Multi Family
$1,368 Annual Tax
Built in 1932
MLS/Listing ID L3489420
Parking - On Street
Parking - Off Street
Style - Mixed Use
Community - Near Public Transportation
Community - Park
Construction - Brick
Cooling - Wall Units
Heating - Steam
Heating - Other
Heating - Natural Gas
Source of Data: ONEKEY MLS