Presented by CS Realty Request Showing Print Listing
Commercial in Bronx County
MLS Number1030608
Address511 E 183rd Street, Bronx, NY 10458 show map
Price$999,000 show mortgage calculator
Acres0.046166207529844
Year Built1901
Est. Sq. Footage0
ZoningR7-1
Current Uses
Permitted Uses
Remarks

Prime mixed-use investment opportunity in the heart of Belmont! This three-story mixed-use building features one ground-floor retail space and two spacious residential apartments, offering excellent income potential and future flexibility. The property consists of one retail storefront, one 3-bedroom apartment, and one 4-bedroom apartment. Both residential apartments will be delivered vacant at closing, The retail space is occupied, providing immediate income while allowing investors to maximize the property's residential income potential. The building contains approximately 4,280 square feet and is classified as Tax Class 1, helping to keep annual real estate taxes low. Ideally located just off Fordham Road in one of the Bronx's busiest commercial corridors, the property benefits from exceptional foot traffic and convenient access to shopping, restaurants, schools, major highways, and public transportation, including the B, D, and 4 subway lines, as well as multiple bus routes. Excellent opportunity for investors, owner-users, or 1031 exchange buyers seeking a well-located mixed-use asset with immediate upside and long-term appreciation potential. Showings by appointment only. Please do not disturb the commercial tenant.

Amenities

This listing is Courtesy of Charles Rutenberg Realty, Inc. (516-575-7500).

Request a Showing - Make an Appointment - More Information
(917) 921-4934

Please use the form below to contact us. Thank you - CS Realty & Relocation Services. "Brokers of Better Rentals & Residences since 1986."

Subject
Your Name
Email Address
Phone Number--
Preferred Showing Time
Preferred Showing Date
Question or Comment
You will be contacted by a buyer's agent who will represent you on this listing.