962 E 167th St - Storefront Retail/Residential FOR SALE


Bronx, NY 10459- Foxhurst
$999,999 USD
718-360-9609
962 E 167th St, Bronx, NY for Sale
$999,999 USD
Storefront Retail/Residential - FOR SALE
1/3
null | 7.58% Cap Rate

962 E 167th St
Bronx, NY 10459
Foxhurst


OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 962 East 167th Street. 962 East 167th Street is a mixed-use building located in the Foxhurst neighborhood of the Bronx. The property consists of two residential units and one groundfloor retail store. The residential units include a 3-bedroom and a 1-bedroom apartment, both of which will be delivered vacant at closing, The building sits on a 17 ft x 90 ft lot and benefits from R7-1 / C2-4 zoning with a 3.44 FAR. Located just steps from Hoe Avenue and Southern Boulevard, 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 value-add opportunities in a high-demand corridor of the Bronx.

FOR SALE DETAILS

PRICE

$999,999 USD

PRICE/SF

$1,163 USD /SF

CAP RATE

7.58%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R71; C2-4

APN/PARCEL ID

02744-0022

ASK ABOUT THIS PROPERTY

David RomanInvestment Property Realty GroupMore Info
718-360-9609

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

David RomanInvestment Property Realty GroupMore Info
718-360-9609

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