$4,200,000
1110 Lydig Ave AVE Bronx, NY 10461
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$4,200,000
Est. payment /mo
14,400 SqFt
Active
1110 Lydig Ave AVE Bronx, NY 10461
UPDATED:
11/22/2024 07:48 PM
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,400 sqft
Price per Sqft $291
MLS Listing ID KEYL3588194
Originating Board onekey2
Rental Info No
Year Built 1952
Annual Tax Amount $58,116
Lot Dimensions 100x100
Property Description
**Prime Investment Opportunity in the Heart of Bronx** Discover an exceptional investment opportunity at 1110 Lydig Ave, Bronx, NY 10461. This meticulously maintained building offers a rare chance to own a lucrative multi-unit property in a highly sought-after Bronx neighborhood. **Property Highlights:** - **Ideal Configuration:** Featuring 14 spacious one-bedroom units and 1 generous two-bedroom unit, this building caters to diverse rental demographics, ensuring steady income potential for investors. - **Parking Convenience:** Enhance tenant satisfaction with the convenience of a large parking garage capable of accommodating 17 cars. This sought-after amenity adds significant value to the property and sets it apart from others in the area. - **Quality Construction:** Constructed with durable hard brick, this building exudes timeless appeal and requires minimal maintenance. Each unit boasts hardwood floors, adding a touch of elegance and warmth to the living spaces. - **Spacious Units:** Enjoy generous living spaces ranging from 650 to 700 square feet in each one-bedroom unit, providing residents with ample room to relax and entertain. - **Desirable Location:** Nestled in a thriving neighborhood of the Bronx, residents benefit from easy access to local amenities, including shops, restaurants, parks, and public transportation options. Experience the vibrancy and charm of Bronx living at its finest. **Investment Potential:** - **Stable Income Stream:** With a mix of well-appointed units and convenient parking facilities, this property offers investors a reliable source of rental income with potential for future appreciation. - **Opportunity for Expansion:** Explore opportunities to enhance the property's value through strategic upgrades or the addition of amenities, maximizing its appeal to tenants and investors alike. **Don't miss out on this rare chance to acquire a prime income-generating property in one of the Bronx's most desirable neighborhoods. **
Location
State NY
County Bronx County
Interior
Heating Natural Gas, Ducts
Fireplace No
Exterior
Private Pool No
Building
Sewer Public Sewer
Others
Special Listing Condition None
Listed by New Group Realty Inc
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