2043 Mayflower AveThe Bronx, NY 10461

This exceptional investment opportunity presents a well-maintained, four-unit apartment building situated at 2043 Mayflower Avenue in the Bronx, New York, zip code 10461. The property boasts a prime location between Hutchinson River Parkway East and Wilkinson Avenue, offering convenient access to public transportation. A five-block walk will take you to the Bx12 bus stop, while the Pelham Bay Park train station is a mere ten-minute walk away. Built in 1928, this two-story building sits on a 2,643 square foot lot (25.25ft x 104.67ft) and comprises a total of 3,075 square feet of residential space. The unit mix includes three two-bedroom apartments and one one-bedroom apartment. The asking price is $1,299,000, representing a price per unit of $324,750 and an attractive 8.00% capitalization rate. The property is zoned R5 and includes a garage, adding further value to this compelling investment. The building's current condition suggests potential for increased rental income through market rent adjustments. This multifamily property offers a strong return on investment in a desirable and well-connected Bronx neighborhood.