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Single Family House in Bronx County
MLS Number1052830
Address2707 Decatur Avenue, Bronx, NY 10458 show map
Price$1,300,000 show mortgage calculator
Acres0.078305785123967
Bedrooms11
Bathrooms5
Year Built1930
Est. Sq. Footage3200
Elementary SchoolContact Agent
Jr High-Middle SchoolCall Listing Agent
High SchoolContact Agent
Estimated Taxes$5,872
HOA Fees
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Remarks

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.

Amenities

This listing is Courtesy of NY Space Finders Inc (718-440-8162).

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