Bronx Mixed-Use Building with 8 Units and Protected Tax Zone For Sale
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Financial Details
- Asking Price:
- $2,200,000
- Profit Metric:
- NOI
- Location:
- Bronx, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Prime mixed-use property in Bronx, NY, featuring 2 commercial and 8 residential units.
Benefiting from a protected tax zone, offering stability for tax increases.
Generates $202,000 in annual rent with all leases current and boiler inspection up-to-date.
Description
This is a mixed-use building located in the Bronx, New York, offering a versatile investment opportunity. The property comprises two commercial units and eight residential units, including two studio apartments and six three-bedroom apartments. It generates an annual rent of $202,000, with all current leases in good standing. The building was renovated 10 years ago and features a protected tax zone that limits tax increases. Operational details include annual water costs of $9,826, insurance at $12,000, oil at $7,000, and Con Edison costs of $6,000. A signed confidentiality agreement is required for the exact location. The building status is established.
Industry Information
- Industry Description:
- Building & Construction
- Classification:
- Building & Construction
Real Estate & Lease
- Status:
- Established
- Real Estate Price:
- $2,200,000 USD
Broker Contact
- Name:
- Dino Zark
- Company:
- Hedgestone Business Advisors
- Phone:
- 844-543-6970
Listing Details
- Listing ID:
- a6d0521a-e25c-4269-9373-468b21398169
- Source Listing ID:
- Ad#:2324595
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD
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