For Sale
$1,215,000

943 Croes AveThe Bronx, NY 10473

Profitable Apartment Building, Excellent Condition

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional multifamily investment opportunity presents a well-maintained apartment building located at 943 Croes Ave, The Bronx, NY 10473. Constructed in 2004, this all-brick and cement masonry building boasts a total of 5,250 square feet situated on a 0.06-acre lot. The asking price is $1,215,000, translating to a price per square foot of $231.43. The building's condition is described as good, and all apartments feature individually metered gas and electric services, separate boilers, and new hot water heaters. Adding to the property's appeal are finished walk-out basements, providing additional usable space. A driveway easement and a fenced-in backyard enhance both convenience and privacy. Its strategic location offers easy access to major highways, public transportation, and a variety of retail stores, making it an attractive proposition for tenants and investors alike. This property represents a strong investment opportunity in a desirable Bronx location. The building's solid construction, modern amenities, and convenient location combine to create a compelling investment opportunity with significant potential for future growth and returns. The individual metering of utilities contributes to efficient management and cost control.

Highlights

  • Exceptional multifamily investment opportunity in The Bronx.
  • Well-maintained, 5,250 sq ft building on a 0.06-acre lot, built in 2004.
  • Asking price: $1,215,000 ($231.43/sq ft).
  • Good condition; all units have individually metered utilities, separate boilers, and new hot water heaters.
  • Features finished walk-out basements, driveway easement, and fenced backyard.
  • Excellent location near highways, public transit, and retail.

Property Details for 943 Croes Ave

Property type
Apartment buildings
Square Feet
5,250 SF
Year Built
2004
Lot Size (sq. ft)
2,614 SF

Location Insight

City
The Bronx
County
Bronx
State
New York
Latitude
40.82384
Longitude
-73.8695469
943 Croes Ave, The Bronx, New York

FAQs

What type of property is this?
Apartment building - Profitable Apartment Building, Excellent Condition
Where is the apartment building located?
The property is located at 943 Croes Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: Exceptional multifamily investment opportunity in The Bronx.; Well-maintained, 5,250 sq ft building on a 0.06-acre lot, built in 2004.; Asking price: $1,215,000 ($231.43/sq ft).
How can I contact the broker?
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943 Croes Ave
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