290 Zerega AVE
Commercial $ 4,300,000

290 Zerega AVE

Bronx, NY 10473

  • 2,082 Lot Size
  • 2011 Year Built
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.
Listed by Link NY Realty

PROPERTY DETAIL

  • 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

  • Location

    State NY

    County Bronx County

  • Rooms

    Basement Finished

  • Building

    Foundation Other

    Sewer Public Sewer

    Water Public

    Structure Type Other

  • 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

  • Schools

    High Schools Bronx 8

    School District Bronx 8

  • Others

    Special Listing Condition None

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CONTACT

Valon Nikci
Valon Nikci

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