INVESTMENT- Zerega Ave Multi-Family FOR SALE


Bronx, NY - Castle Hill
$4,300,000 USD
646-321-9428
, Bronx, NY for Sale
$4,300,000 USD
Multi-Family - FOR SALE
1/22
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INVESTMENT- Zerega Ave
Bronx, NY
Castle Hill


HIGHLIGHTS

  • Great location. High income property. Water view. Quiet neighborhood.

OVERVIEW

PACKAGE DEAL Exceptional opportunity to acquire a five-property residential portfolio located along Zerega Avenue in the Bronx. This unique offering consists of five two-family homes situated within the same immediate area, providing investors with scale, convenience, and long-term income potential in a well-established residential neighborhood. The portfolio includes 256, 258, 286, 290 and 294 Zerega Avenue. The homes feature a variety of spacious two-bedroom configurations, with several units offering finished basement space and multiple bathrooms. An additional value-add opportunity exists within the existing rent roll, with several units currently leased below ownership's estimated market-rent benchmark and multiple leases scheduled for turnover through 2027, providing potential for future rental growth. Conveniently located near Westchester Avenue, shopping, restaurants, schools, medical facilities and major transportation. The Zerega Avenue 6 train station is within walking distance, while I-95 and the Bruckner Expressway provide convenient vehicular access throughout the Bronx and greater New York City area. A compelling opportunity for investors seeking a concentrated multifamily portfolio with existing cash flow, multiple income-producing units, future rental upside and five properties located within one established Bronx neighborhood.

ASK ABOUT THIS PROPERTY

Valon NikciLink NY RealtyMore Info
646-321-9428

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Valon NikciLink NY RealtyMore Info
646-321-9428

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