For Sale
$1,650,000

2814 Middletown RdThe Bronx, NY 10461

Prime Bronx location, 3 units, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This mixed-use property in the Pelham Bay neighborhood of the Bronx offers a unique investment opportunity. The building, constructed in 1922 and renovated in 1987, encompasses 4,180 square feet on a 5,070 square foot lot. It features three units: two ground-floor commercial spaces currently configured as medical offices totaling 3,100 net rentable square feet, and a second-floor, two-bedroom residential apartment. The asking price is $1,650,000, translating to $394.74 per square foot. The property is zoned R4A/C1-2 Overlay and benefits from a highly visible corner location at Middletown Road and Westchester Avenue. Its convenient proximity to the Middletown Road Subway MTA station and the Hutchinson Parkway ensures excellent accessibility. Nearby amenities include a variety of retailers such as Burger King, Walgreens, Dunkin' Donuts, and 7-Eleven. This owner/user investment presents a compelling combination of income-generating commercial space and residential rental potential. The building consists of one structure with two stories.

Highlights

  • $1,650,000 asking price for this mixed-use property.
  • 4,180 total square feet, with 3,100 square feet of net rentable space.
  • Located at 2814 Middletown Rd, Bronx, NY 10461.
  • Three units: two ground-floor medical offices and one 2-bedroom residential apartment.
  • Built in 1922, renovated in 1987.
  • R4A/C1-2 Overlay zoning.

Property Details for 2814 Middletown Rd

Property type
Retail properties, Office properties
Square Feet
4,180 SF
Year Built/Renovated
1922/1987
Buildings
1
Stories
2
Units
3

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.843205
Longitude
-73.836116
2814 Middletown Rd, The Bronx, New York

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2814 Middletown Rd
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