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1711 Zerega Ave

3,793 SF 100% Leased Retail Building Bronx, NY 10462 $1,375,000 ($363/SF) 7.68% Cap Rate

Investment Highlights

  • Free Market Apartments
  • Beautifully Renovated
  • Value-Add

Executive Summary

Now is your opportunity to own a prime investment in the heart of Westchester Square, Bronx—a beautifully renovated mixed-use building that combines modern updates with exceptional income potential. This property includes four fully updated, free-market 2-bedroom apartments and a well-appointed commercial space, making it ideal for investors or business owners. Your operating costs remain low with the tenant-paid gas heat and electric. Whether you're looking to grow your portfolio or operate your business from the commercial space, this rare offering promises a stable and lucrative income stream in a highly desirable location. Don’t miss out!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,793 SF
Building Class
C
Year Built
1930
Price
$1,375,000
Price Per SF
$363
Cap Rate
7.68%
NOI
$105,579
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.45
Lot Size
0.06 AC
Zoning
R6
Walk Score ®
Very Walkable (88)
Transit Score ®
Rider's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Golden Corral
Starbucks
Bank of America
Key Food
Ctown
Chase
Foodtown
Rent-A-Center
Citi
Pioneer Supermarkets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03991-0066
Land Assessment
$58,367
Improvements Assessment
$54,698
Total Assessment
$113,065
  • Listing ID: 33111850

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 1711 Zerega Ave, Bronx, NY 10462

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