For Sale
$3,250,000

2543 Bronxwood AveBronx, NY 10469

16-Unit Building, Excellent Condition, High Occupancy

Overview

Added:
Feb 3
Days on market:
71
This exceptional multi-family property at 2543 Bronxwood Avenue in the Bronx, New York, presents a compelling investment opportunity. The building encompasses a substantial 8,483 square feet and sits on a 0.07-acre lot. Currently fully occupied, this four-story walk-up building offers a diverse mix of sixteen rental units, providing a stable income stream. The unit breakdown includes one studio apartment, eight one-bedroom units, and seven two-bedroom units, catering to a broad range of tenants. The building is described as being in excellent condition, a testament to its well-maintained structure and the responsible management practices employed. The consistent occupancy rate speaks volumes about the property's desirability and the quality of the tenant base. The asking price for this turnkey investment is $3,250,000. This represents a significant opportunity for investors seeking a strong return on investment in a thriving urban market. The property's location in the Bronx offers easy access to various amenities and transportation options, further enhancing its appeal to both tenants and investors. This is a rare chance to acquire a well-maintained, high-occupancy multi-family building with significant potential for future growth and appreciation. The strong tenant base and excellent condition make this a low-risk, high-reward investment.

Property Details for 2543 Bronxwood Ave

Property type
Commercial real estate
Square Feet
8,483 SF
Year Built
2008
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Bronx
County
Bronx County
State
New York
Latitude
40.86449
Longitude
-73.86189
2543 Bronxwood Ave, Bronx, New York

FAQs

What type of property is this?
Commercial real estate - 16-Unit Building, Excellent Condition, High Occupancy
Where is the commercial real estate located?
The property is located at 2543 Bronxwood Ave Bronx, NY.
What is the asking price?
The asking price for this property is $3,250,000.
How can I contact the broker?
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2543 Bronxwood Ave
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