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701 E 175th St
Bronx, NY 10457
Prime 6-Story Multifamily Investment · Immeuble residentiel Propriété À vendre
·
24 Unités
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Faits saillants de l'investissement
- Well-Maintained 6-Story Multifamily Building in a strong, established residential pocket of the Bronx.
- Prewar Construction (1931) with strong structural bones and classic architectural character.
- Near Key Transportation Routes, offering access to multiple bus lines and nearby subway stations for seamless travel into Manhattan and the rest of NY
- Approx. 15,070 Total Building Sq Ft, providing a solid average unit size around 750 SF.
- High-Demand Rental Market with consistent tenant occupancy driven by proximity to transit, schools, and major Bronx employers.
- Growing Neighborhood with new community investments, retail, and residential development increasing long-term value.
Résumé de l'annonce
701 E 175th Street – Prime Corner Mixed-Use Investment in Crotona Park East
701 E 175th Street is a six-story, mixed-use multifamily building prominently situated on a prime corner lot in the heart of the Crotona Park East neighborhood of the Bronx. Built in 1931, this pre-war walk-up property blends timeless architectural character with strong investment fundamentals, featuring 20 residential units and 4 fully leased ground-floor retail spaces.
Encompassing approximately 15,070 square feet of gross living area on a 3,510-square-foot lot, the property lies within an R7-1 zoning district, offering both reliable in-place income and attractive long-term redevelopment potential.
All four commercial units are fully occupied, collectively generating $16,500 per month in rent, creating a stable and diversified income stream that complements the residential component.
Perfectly positioned near Crotona Park, major subway lines, schools, and bustling neighborhood retail, 701 E 175th Street provides exceptional access and convenience for tenants—an increasingly desirable feature in one of the Bronx’s most active and resilient submarkets.
This asset presents investors with consistent cash flow, strong in-place tenancy, and meaningful value-add potential through strategic renovations, rent optimization, or future redevelopment—making it an outstanding opportunity to own a high-performing corner property in a thriving Bronx neighborhood.
701 E 175th Street is a six-story, mixed-use multifamily building prominently situated on a prime corner lot in the heart of the Crotona Park East neighborhood of the Bronx. Built in 1931, this pre-war walk-up property blends timeless architectural character with strong investment fundamentals, featuring 20 residential units and 4 fully leased ground-floor retail spaces.
Encompassing approximately 15,070 square feet of gross living area on a 3,510-square-foot lot, the property lies within an R7-1 zoning district, offering both reliable in-place income and attractive long-term redevelopment potential.
All four commercial units are fully occupied, collectively generating $16,500 per month in rent, creating a stable and diversified income stream that complements the residential component.
Perfectly positioned near Crotona Park, major subway lines, schools, and bustling neighborhood retail, 701 E 175th Street provides exceptional access and convenience for tenants—an increasingly desirable feature in one of the Bronx’s most active and resilient submarkets.
This asset presents investors with consistent cash flow, strong in-place tenancy, and meaningful value-add potential through strategic renovations, rent optimization, or future redevelopment—making it an outstanding opportunity to own a high-performing corner property in a thriving Bronx neighborhood.
Faits sur la propriété
Commodités
Commodités des unités
- Climatisation
- Lave-vaisselle
- Micro-ondes
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Bain/Douche
- Congélateur
Commodités du site
- Accès 24 heures
- Accès contrôlé
- CVCA contrôlé par le locataire
- Transport en commun
- Sans ascenseur
- Détecteur de fumée
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 20 | - | 754 |
Impôts fonciers
| Numéro de lot | 02949-0039 | Évaluation des bâtiments | 749 161 $ CAD |
| Évaluation du terrain | 64 967 $ CAD | Évaluation totale | 814 128 $ CAD |
Impôts fonciers
Numéro de lot
02949-0039
Évaluation du terrain
64 967 $ CAD
Évaluation des bâtiments
749 161 $ CAD
Évaluation totale
814 128 $ CAD
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