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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.
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 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 6 | Building Size | 7,250 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1913 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R-6 - High Density Residential | ||
| 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
| Parcel Number | 03087-0009 | Improvements Assessment | $239,025 CAD |
| Land Assessment | $3,426 CAD | Total Assessment | $242,451 CAD |
Property Taxes
Parcel Number
03087-0009
Land Assessment
$3,426 CAD
Improvements Assessment
$239,025 CAD
Total Assessment
$242,451 CAD
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