Excellent investment opportunity in the Soundview section of the Bronx: a solid brick mixed-use building consisting of three residential apartments (two 1-bedroom units and one 2-bedroom unit) and two ground-floor commercial storefronts, one currently leased. Legal 3 family + 2 storefronts.
The property is projected to generate $147,384 in gross annual income with low annual property taxes of just $13,000, offering investors a strong 11% cash-on-cash return based on conservative underwriting.
Centrally located near public transportation, the building is just blocks from the Elder Ave 6 train station, major MTA bus lines, and close to the Bruckner and Cross Bronx Expressways, ensuring high accessibility for both tenants and businesses.
A high-yield, low-maintenance asset with upside potential in a growing corridor.
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Listing Snapshot
Price
$1,299,000
Days On Site
19 Days
Bedrooms
N/A
Inside Area (SqFt)
2,420 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1957 Acres
Year Built
1926
MLS® Number
895571
Status
Active
Property Tax
$13,174.84
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 weeks ago
Price changed to $1,299,000
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
0.1957
Property Sub Type
Mixed Use
Sewer
Public Sewer
SqFt Total
2420
Utilities
Natural Gas AvailableElectricity AvailableElectricity ConnectedNatural Gas Connected
Water Source
Public
Interior Features
Basement
Unfinished
Cooling
Wall/Window Unit(s)
Flooring
Hardwood
Heating
Natural GasRadiantSteam
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Exterior Features
Construction Details
Stone
Fencing
Fenced
Listing courtesy of YourHomeSold Guaranteed Realty bryantrealestateservices@gmail.com
Based on information submitted to the MLS GRID as of 2025-08-19 02:33 PM EDT.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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