3825 3 Ave TheThe Bronx, NY 10457

This exceptional mixed-use property, located at 3825 3rd Ave in the Bronx, NY 10457, presents a compelling investment opportunity. The 5,940 square foot building, constructed in 2011, boasts a three-story design and is situated on a 2,000 square foot lot. The property features a blend of residential and commercial space, including four residential units and a laundromat with 34 washers and 34 dryers. The building is currently 100% occupied, generating a substantial net operating income (NOI) of $220,117, representing a 12.58% capitalization rate. The asking price is $1,750,000, translating to $303.03 per square foot and $360,000 per unit. The property is zoned R7-1, C1-4, and includes 940 square feet of air rights. This prime location in Claremont offers easy access to schools, banks, parks, Claremont Park, and Crotona Park, within a densely populated neighborhood. The lease type is gross, and the investment type is owner/user. This is a semi-attached building with one building on the lot. The sale includes the building and the business, offering a unique opportunity for a combined or separate purchase.