Prime mixed-use investment opportunity in the heart of Belmont! This three-story mixed-use building features one ground-floor retail space and two spacious residential apartments, offering excellent income potential and future flexibility. The property consists of one retail storefront, and two 3-bedroom apartments,.Both residential apartments will be delivered vacant at closing, The retail space is occupied, providing immediate income while allowing investors to maximize the property's residential income potential.The building contains approximately 4,280 square feet and is classified as Tax Class 1, helping to keep annual real estate taxes low.Ideally located just off Fordham Road in one of the Bronx's busiest commercial corridors, the property benefits from exceptional foot traffic and convenient access to shopping, restaurants, schools, major highways, and public transportation, including the B, D, and 4 subway lines, as well as multiple bus routes.Excellent opportunity for investors, owner-users, or 1031 exchange buyers seeking a well-located mixed-use asset with immediate upside and long-term appreciation potential. Showings by appointment only. Please do not disturb the commercial tenant.
Listing By
Agency Name: Charles Rutenberg Realty, Inc.
Agency Contact: 516-575-7500
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
511 E 183rd Street | MLS# 1030608
This commercial property located at 511 E 183rd Street, Bronx, NY 10458 is currently listed for sale with an asking price of $999,000. E 183rd Street is located within the Bronx 10 school district. Search Bronx real estate on www.coldwellbankerchoice.com today.