847 Castle Hill Ave - Storefront Retail/Residential FOR SALE


Bronx, NY 10473- Unionport
$1,300,000 USD
917-713-3270
847 Castle Hill Ave, Bronx, NY for Sale
$1,300,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

847 Castle Hill Ave
Bronx, NY 10473
Unionport


HIGHLIGHTS

  • Fully vacant at closing, providing immediate flexibility for investors, owner-users, or 1031 exchange buyers to implement their business or leasing.
  • Mixed-use configuration featuring a street-level commercial storefront and three residential apartments, creating multiple income streams.
  • Situated along the highly active Castle Hill commercial corridor, the property benefits from strong visibility & established neighborhood amenities.

OVERVIEW

847 Castle Hill Avenue presents a rare opportunity to acquire a fully vacant mixed-use asset in the heart of the bustling Castle Hill corridor. Situated on a 2,035 square foot lot and offering approximately 2,763 square feet of interior space, this well-maintained property is ideally positioned for investors, owner-users, or 1031 exchange buyers seeking immediate upside. The offering includes a highly visible ground-floor commercial storefront of approximately 500 square feet, perfectly suited for retail, office, or professional use, along with three residential units consisting of a first-floor two-bedroom apartment with direct access to a private fenced backyard, a second-floor two-bedroom apartment, and an additional second-floor one-bedroom apartment. Each residence features a full bathroom, generous natural light, and functional layouts, with select interiors enhanced by modern updates including shaker-style cabinetry. With two occupants currently in the process of vacating, the property will be delivered fully vacant at closing, allowing for immediate lease-up at market rents or seamless owner occupancy. A true value-add opportunity in one of the Bronx’s most active and established mixed-use corridors.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$471 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,160 SF

ZONING

R3-2

APN/PARCEL ID

03685-0041

ASK ABOUT THIS PROPERTY

Carlos MercedesKeller Williams RealtyMore Info
917-713-3270

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Carlos MercedesKeller Williams RealtyMore Info
917-713-3270

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