1800 Westchester Avenue is a three-story, 6,750 SF corner mixed-use building on a 2,375 SF lot in the East Bronx. It's offered at $1,980,000, a 7% cap on in-place income. The building is 100% occupied with six units. The ground floor has two retail tenants: a newly renovated restaurant with a lease through 2035 and a hair salon with a lease through 2030. The upper two floors hold four free-market apartments, two 3-bedrooms and two 2-bedrooms. Gross income is $183,600 and NOI is $139,210. About 60% of the income comes from retail and 40% from residential, so the building has long-term commercial leases in place and apartment rents that can reset to market. There is also a basement. The property sits on Westchester Avenue, which carries 27,135 vehicles per day. The St. Lawrence Ave station on the 6 train is right there, and the block gets steady foot traffic from the station and the surrounding retail. The Cross Bronx Expressway, Bruckner Expressway, and Bronx River Parkway are all close by. The area is densely populated, with more than 153,000 residents within one mile and nearly 925,000 within three miles. Exclusively offered by Silber Investment Properties, Ltd.