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Listed price in listed location currency (USD).
$1,300,000

1150

MLS® 1052830

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3200 sqft
Garage 
Taxes $5,872
Days Active 0
Lot Size 0.0783 Acres
Approx. Age 1930
Avg. Price Per Sqft $406
MLS® Number 1052830

Property Address: 2707 Decatur Ave, Bronx, NY, 10458-3881

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a renovated, legal three-family property with strong cash flow and high NOI. The three-story building features three spacious residential apartments, with each unit occupying its own floor. Apartment 1: 2 bedrooms, 1 bathroom Apartment 2: 4 bedrooms, 2 bathrooms Apartment 3: 5 bedrooms, 2 bathrooms All three units are rented and income producing, offering investors immediate rental income and a strong existing cash-flow profile. The property's legal three-family configuration, large apartment layouts, and renovated condition make it an attractive investment opportunity with additional upside. Located in the Bronx, the property is surrounded by parks, restaurants, shopping, grocery stores, and public transportation, offering residents convenient access to everyday amenities and neighborhood attractions. Development Potential: The property sits on a 25' x 136' lot and is located in an R7B zoning district with a residential FAR of 3.0. The existing income-producing property also offers additional development potential, providing an opportunity for an investor or developer to explore future expansion or redevelopment, subject to applicable zoning and building regulations.Featured Residential Sales.
MLS® Number1052830
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayNone
Garage Spaces
HeatNatural Gas
A/CElectric

Extras

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