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$ 1,399,999
Est. payment | /mo
4,804 Sqft Lot
$ 1,399,999
Est. payment | /mo
4,804 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 904760
Rental Info No
Year Built 1910
Annual Tax Amount $6,074
Lot Size 4,804 Sqft
Acres 0.1103
Property Sub-Type Triplex
Source onekey2
Property Description
ONCE-IN-A-LIFETIME BRONX PACKAGE DEAL – CASH FLOW + DEVELOPMENT
Opportunities like this almost never hit the market. This property is a rare find for all types of investors — whether you're focused on instant positive cash flow or looking for your next ground-up development project, this package offers both.
The Numbers:
-$8,900/month rental income from day one
~$2,000/month in expenses
-Net operating income: approx. $82,800/year
-Turnkey, income-producing asset immediately upon closing
The Bonus:
-Included in this package is an adjoining lot zoned for a 2-family build. This allows you to collect strong rental income now while simultaneously creating a new property next door, adding significant value and long-term upside to your portfolio.
Why This Property Stands Out:
-Immediate, guaranteed rental income
-Expansion potential with a buildable lot
-Ideal for both investors and developers
-Located in the Bronx, one of NYC's strongest rental markets
-This is a complete package: stable cash flow today with development potential for tomorrow. Deals like this are rare and move quickly. Serious buyers should act now.
Opportunities like this almost never hit the market. This property is a rare find for all types of investors — whether you're focused on instant positive cash flow or looking for your next ground-up development project, this package offers both.
The Numbers:
-$8,900/month rental income from day one
~$2,000/month in expenses
-Net operating income: approx. $82,800/year
-Turnkey, income-producing asset immediately upon closing
The Bonus:
-Included in this package is an adjoining lot zoned for a 2-family build. This allows you to collect strong rental income now while simultaneously creating a new property next door, adding significant value and long-term upside to your portfolio.
Why This Property Stands Out:
-Immediate, guaranteed rental income
-Expansion potential with a buildable lot
-Ideal for both investors and developers
-Located in the Bronx, one of NYC's strongest rental markets
-This is a complete package: stable cash flow today with development potential for tomorrow. Deals like this are rare and move quickly. Serious buyers should act now.
Location
State NY
County Bronx County
Rooms
Basement Finished
Interior
Interior Features Other
Heating Natural Gas, Other
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Spaces 5.0
Utilities Available Natural Gas Available, Water Available
Garage true
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps 41 Gun Hill Road
Middle Schools Pelham Gardens Middle School
High Schools Bronx 11
School District Bronx 11
Others
Senior Community No
Special Listing Condition None
Listed by Coldwell Banker American Homes • Amer F. Alsaidy