2446 E Tremont Ave - Apartments FOR SALE


Bronx, NY 10461- Westchester Square
$1,800,000 USD
516-220-3939
2446 E Tremont Ave, Bronx, NY for Sale
$1,800,000 USD
Apartments - FOR SALE
1/3
null | 7.71% Cap Rate

2446 E Tremont Ave
Bronx, NY 10461
Westchester Square


HIGHLIGHTS

  • in good condition.

OVERVIEW

Great location 5 unit property with a vacant store that can rent for $2,500/month, 4 program residential tenants with guaranteed rents from Fheps and Section 8, a driveway leading to a 2 car garage that is rented for $400/month with upside potential. The building has had many improvements since the last sale in 2025, new floors in 2 apartments, new appliances etc. Owner needs to sell for another investment opportunity. Property is very close to one recently purchased by NYC which took over the driveway and added to the existing structure. Pro Forma cap rate with store rented is almost 8%. There is one 3 bedroom, two 2 bedrooms and one 1 bedroom apt.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$519 USD /SF

# OF UNITS

5

PRICE/UNIT

$360,000

CAP RATE

7.71%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

03997-0041

ASK ABOUT THIS PROPERTY

Bradley ZelenitzZelenitz, Shapiro, and D'Agostino, P.C.More Info
516-220-3939

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Bradley ZelenitzZelenitz, Shapiro, and D'Agostino, P.C.More Info
516-220-3939

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