811 Courtlandt Ave - Apartments FOR SALE


Bronx, NY 10451- Melrose
$1,549,999 USD
811 Courtlandt Ave, Bronx, NY for Sale
$1,549,999 USD
Apartments - FOR SALE
1/41
null | 7.14% Cap Rate

811 Courtlandt Ave
Bronx, NY 10451
Melrose


HIGHLIGHTS

  • R7-2 Zoning
  • Can be delivered Vacant
  • Close to Melrose Metro North Station

OVERVIEW

Welcome to Concourse Village, a prime investment opportunity featuring a fully renovated property with 7.5 bedrooms and 3.5 bathrooms, thoughtfully designed for today’s modern lifestyle. This versatile building includes three updated residential units and a modernized commercial space, offering immediate rental income and long-term growth potential. Each apartment showcases a sleek kitchen with stainless steel appliances, grey quartz countertops, and flint grey cabinetry, complemented by hardwood floors throughout, spacious open-concept living areas ideal for entertaining, and stylishly updated bathrooms. The commercial space on the ground floor has been fully upgraded. The property also offers a spacious backyard, perfect for gardening or outdoor relaxation, and sits adjacent to a picturesque community garden, providing a beautiful, landscaped backdrop. Additional amenities include onsite storage, laundry facilities, and a walkout basement. Ideally located just minutes from the Melrose Metro-North station—with a 30-minute commute to NYC—this property also offers convenient access to major highways, Starbucks, and various dining options. Tenants are responsible for their utilities, and with R7-2 zoning, this property is an excellent opportunity for developers and savvy investors.

FOR SALE DETAILS

PRICE

$1,549,999 USD

PRICE/SF

$369 USD /SF

# OF UNITS

3

PRICE/UNIT

$516,666

CAP RATE

7.14%

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,569 SF

ZONING

R7-2

APN/PARCEL ID

02418-0021

ASK ABOUT THIS PROPERTY

Jeffrie PeñaPantigaGroupInc.More Info

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Jeffrie PeñaPantigaGroupInc.More Info

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