2104 Hughes Ave - Apartments FOR SALE


Bronx, NY 10457- Belmont
$1,500,000 USD
718-578-0546
2104 Hughes Ave, Bronx, NY for Sale
$1,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

2104 Hughes Ave
Bronx, NY 10457
Belmont


HIGHLIGHTS

  • Protected Tax Class 2A
  • Zoned R6, the property contains 3,750 square feet of existing building area with a maximum buildable potential of 8,177 square feet
  • Five free-market residential units with upsides on rental income.

OVERVIEW

Asset CRG Advisors, LLC, has been exclusively retained to market a three-story multifamily property located in the Belmont neighborhood of the Bronx. Sitting on a 2,377-square-foot lot, the building features five residential units across 3,750 square feet, providing a stable foundation for an investor seeking immediate cash flow in one of the borough’s most active rental markets. With a maximum buildable area of 8,177 square feet, the property also offers significant long-term upside for expansion or redevelopment. Located just off Arthur Avenue—one of New York City’s most celebrated dining and cultural corridors—the property benefits from exceptional neighborhood amenities, including local retailers, markets, schools, and parks. Transit access further enhances its appeal, with the Tremont Avenue station (B & D lines) and multiple bus routes providing direct connections across the Bronx and into Manhattan. This offering represents a rare opportunity for investors or developers looking to secure a well-located asset with both strong in-place potential and future growth possibilities.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,377 SF

ZONING

R7-1

APN/PARCEL ID

03081-0001

ASK ABOUT THIS PROPERTY

Mike SezanAsset CRG Advisors LLCMore Info
718-578-0546

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Mike SezanAsset CRG Advisors LLCMore Info
718-578-0546

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.