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2320 Hughes Ave
Bronx, NY 10458
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Strategically positioned at the corner of Hughes Ave and Crescent Ave, this property benefits from its prime location.
  • Close proximity to B, D, and 4 Subway lines.
  • Only minutes away from various amenities, including restaurants, shops, markets, schools, the Bronx Zoo, St. Barnabas Hospital, MetroNorth.
  • With a Walk Score of 96 and Transit Score of 94, residents enjoy easy access to multiple subway lines and downtown Manhattan in about 30 minutes.

Executive Summary

SP Capital Group is proud to exclusively present this exceptional 4-story mixed-use building, perfectly situated in the sought-after Belmont neighborhood of the Bronx. With its 7,246 square feet of space, the building comprises of six (6) apartments and two (2) retail units, offering a diversified income stream.
The apartment layouts consist of three (3) one-bedroom units and three (3) three-bedroom units, providing a mix of rental options for tenants. Additionally, there are three stabilized units and three free market units, further enhancing the income potential of the property.
Strategically positioned at the corner of Hughes Ave and Crescent Ave, this property benefits from its prime location, only minutes away from various amenities, including restaurants, shops, markets, schools, the Bronx Zoo, St. Barnabas Hospital, MetroNorth, and the B, D, and 4 Subway lines.
This exclusive listing presents a compelling investment opportunity in a highly desirable area, offering stability and potential for long-term growth.
If you are interested in learning more about this exclusive offering, including financials and additional details, please don't hesitate to reach out. We would be delighted to provide you with the necessary information to evaluate this investment opportunity.

Property Facts

Price Per Unit $618,930 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.04 AC
Building Size 7,250 SF
No. Stories 4
Year Built 1913
Opportunity Zone Yes
Zoning R-6 - High Density Residential

Amenities

Unit Amenities

  • Dishwasher
  • Eat-in Kitchen
  • Granite Countertops
  • Hardwood Floors

Site Amenities

  • Laundry Facilities
  • Security System
  • Furnished Units Available
  • Community-Wide WiFi
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
3+2 3 - -

Property Taxes

Property Taxes

Parcel Number
03087-0009
Land Assessment
$3,426 CAD
Improvements Assessment
$239,025 CAD
Total Assessment
$242,451 CAD
  • Listing ID: 28617599

  • Date on Market: 2023-05-31

  • Last Updated:

  • Address: 2320 Hughes Ave, Bronx, NY 10458

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