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Arif Baksh

arif@asarealestategroup.com +1(914) 494-1549

$4,300,000

Est. payment - /mo

2,082 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Castle Hill

MLS Listing ID 1043208

Rental Info No

Year Built 2011

Annual Tax Amount $1,508

Lot Size 2,082 Sqft

Acres 0.0478

Property Sub-Type Multi Family

Source onekey2

Property Description

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.

Location

State NY

County Bronx County

Rooms

Basement Finished

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Driveway, Garage

Utilities Available Electricity Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected

Waterfront Description River Front

Building

Foundation Other

Sewer Public Sewer

Water Public

Structure Type Other

Schools

High Schools Bronx 8

School District Bronx 8

Others

Special Listing Condition None

Read Less Info

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Link NY Realty • Valon Nikci

NEARBY SCHOOLS & PROPERTIES

The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.

+1(914) 494-1549

arif@asarealestategroup.com

399 Knollwood Rd, White Plains, NY 10603-1937, USA

290 Zerega AVE Bronx, NY 10473