1248 Castle Hill Ave Bronx, NY 10462

This exceptional mixed-use property, located at 1248 Castle Hill Avenue in the Bronx, New York, presents a compelling investment opportunity. The 3,600 square foot building sits on a 0.04-acre lot and is currently configured as six units: three commercial and three residential. The commercial spaces are fully operational and occupied by established businesses. A prominent Guyanese roti restaurant serves as the anchor tenant, complemented by a thriving beauty salon and a security office catering to the local community. The residential units comprise two two-bedroom apartments and one one-bedroom apartment. This property is situated in the vibrant Castle Hill/Parkchester neighborhood, known for its high traffic volume and strong potential for growth. The asking price is $2,200,000, offering a potential 7.1% cap rate. This is a turnkey investment with immediate cash flow and significant upside potential. The property is currently without leases, allowing for immediate control and future rent adjustments. Serious inquiries are encouraged.