576 E 169th St - Storefront Retail/Residential FOR SALE


Bronx, NY 10456- Morrisania
$1,325,000 USD
718-360-9609
576 E 169th St, Bronx, NY for Sale
$1,325,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 8.64% Cap Rate

576 E 169th St
Bronx, NY 10456
Morrisania


HIGHLIGHTS

  • TURNKEY PROPERTY IN MORRISANIA

OVERVIEW

576 East 169th Street is a mixed-use building located in the Morrisania neighborhood of the Bronx. The property consists of two residential units and one ground-floor retail store. The residential units include a 4-bedroom and a 5-bedroom apartment, both of which are renovated & will be delivered vacant at closing, The building sits on a 23.5 ft x 65 ft lot and benefits from R6 / C1-4 zoning with a 2.2 FAR. Located just steps from Fulton Ave and Franklin Ave, the property is conveniently accessible via the 2 and 5 subway lines at Freeman Street and Simpson Street stations, making it an ideal asset for both investors and end-users seeking turnkey property.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$1,205 USD /SF

CAP RATE

8.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6, C1-4

APN/PARCEL ID

02612-0027

ASK ABOUT THIS PROPERTY

David RomanInvestment Property Realty GroupMore Info
718-360-9609

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David RomanInvestment Property Realty GroupMore Info
718-360-9609

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