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USANYBronx309 Bedford Park Blvd
Listing image | Image 1

309 Bedford Park Blvd, Bronx, NY

House

For Sale

Listed price in listed location currency (USD).
$3,500,000

000

MLS® 1002226

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $21,308
Days Active 1
Lot Size 
Approx. Age 1910
MLS® Number 1002226

Property Address: 309 Bedford Park Blvd, Bronx, NY, 10458-2400

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

Description

Welcome to your next investment opportunity! Located in the desirable Bedford Park/Norwood section of the The Bronx, this well-maintained 4-story stone and brick multifamily building presents an exceptional investment opportunity. Spanning approximately 7, 400 square feet, the property consists of 5 oversized residential units, including four expansive 5-bedroom, 2-bathroom apartments and one ground-floor 2-bedroom, 2-bathroom unit. The building’s large layouts provide strong rental demand and excellent long-term income-producing potential. Approximately 8 years ago, the property underwent a full gut renovation with extensive upgrades completed throughout the entire building. Improvements included new drywall, upgraded electrical systems and fixtures, renovated kitchens and bathrooms, upgraded windows, a new roof, new furnaces and hot water heaters, updated heating elements, and new gas piping. These renovations significantly modernized the property while enhancing operational efficiency and reducing future maintenance exposure. Ownership has continued to meticulously maintain and improve the building since the renovation. All utilities are fully separated, with each unit featuring its own individual gas furnace and separate hot water heater, totaling 5 independent heating systems throughout the property. Additional capital improvements include newly installed concrete and drainage piping completed just 2 years ago, further strengthening the building’s infrastructure and long-term reliability. The property has also benefited from proactive upgrades completed in anticipation of evolving NYC building requirements. Ownership recently installed a new sidewalk curb valve for emergency water shutoff access, professionally de-clogged the main water line, and installed new shutoff valves in the utility room to improve operational functionality and management efficiency. The building offers additional upside and future income growth potential. The 1st, 2nd, and 3rd floor units are currently occupied by a daycare operation, providing stable occupancy with the possibility to further increase cash flow depending on future leasing strategy and use configuration. Combining strong building systems, oversized unit layouts, and a prime Bronx location near transportation, shopping, schools, parks, and major thoroughfares, this stone and brick asset represents an ideal addition to any investor’s portfolio. The property is also located within an R7A zoning district, allowing for approximately 2, 676 square feet of additional buildable area, creating valuable long-term development and expansion potential.
MLS® Number1002226
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFinished, Full, Walk-Out Access
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$3,500,000List Price

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