757 E Tremont Ave - Apartments FOR SALE


Bronx, NY 10457- East Tremont
$4,750,000 USD
516-933-8880
757 E Tremont Ave, Bronx, NY for Sale
$4,750,000 USD
Apartments - FOR SALE
1/1
null | 8.61% Cap Rate

757 E Tremont Ave
Bronx, NY 10457
East Tremont


OVERVIEW

RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 757 East Tremont Avenue, a mixed-use property located in the Tremont section of the Bronx. The property is a three-story building consisting of four commercial units and two residential apartments above, positioned along one of the borough's most active neighborhood retail corridor. The property benefits from heavy daily foot traffic and strong neighborhood fundamentals driven by dense surrounding residential housing and established national and local retailers along East Tremont Avenue. Beyond its stable in-place income, the property also offers long-term development and repositioning potential, supported by flexible zoning and strong market demand for new mixed-use product along the Tremont corridor. An investor could explore future redevelopment or expansion scenarios to further enhance value and capitalize on the area's continued growth and transformation.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$492 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,187,500

CAP RATE

8.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

757 E Tremont

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C4-4A

APN/PARCEL ID

03093-0048

ASK ABOUT THIS PROPERTY

Mitchel FlahertyRIPCO Real EstateMore Info
516-933-8880

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Mitchel FlahertyRIPCO Real EstateMore Info
516-933-8880

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