For Sale
$1,599,000

743 Hollywood AveBronx, NY 10465

Fully renovated, vacant 5-family, move-in ready.

Overview

Added:
Feb 3
Days on market:
67
This exceptional investment opportunity presents a fully renovated five-family building situated in the desirable Throggs Neck section of the Bronx, New York. The property boasts a substantial 3,600 square feet of living space spread across five individual units, making it ideal for generating strong rental income. The building has undergone a complete renovation, both inside and out, ensuring modern aesthetics and functionality. Each unit benefits from its own separate utility meters, simplifying billing and management. A significant advantage is that the property is currently completely vacant, allowing for immediate occupancy and streamlined tenant placement. The new roof provides peace of mind and eliminates immediate major repair concerns. The property sits on a 0.13-acre lot, offering ample space. Priced at $1,599,000, this free-market multi-family building represents a rare chance to acquire a turnkey investment property in a thriving Bronx neighborhood. The move-in ready condition and lack of existing tenants minimize initial operational hurdles, allowing for a swift return on investment. This is a prime opportunity for savvy investors seeking a stable and profitable addition to their portfolio. The combination of location, condition, and vacancy makes this a truly exceptional offering.

Property Details for 743 Hollywood Ave

Property type
Square Feet
3,600 SF
Year Built
1930
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Bronx
County
Bronx County
State
New York
Latitude
40.82876
Longitude
-73.8207
743 Hollywood Ave, Bronx, New York

FAQs

What type of property is this?
Commercial real estate - Fully renovated, vacant 5-family, move-in ready.
Where is the commercial real estate located?
The property is located at 743 Hollywood Ave Bronx, NY.
What is the asking price?
The asking price for this property is $1,599,000.
How can I contact the broker?
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743 Hollywood Ave
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