KW GREATER NASSAU - Karen Inglima
1/36
Listing Courtesy Of: Blackstone Realty, 516-825-6511, Bruce Barnes
Local Realty Services Provided By: Keller Williams Realty NYC Group
Overview
What It'll Cost
Neighborhood
Similar Homes

$1,099,000
1215 Bronx River Avenue, Bronx, NY 10472
7 Beds
6 Baths
$1,099,000

1215 Bronx River Avenue, Bronx, NY 10472

Estimation provided by Keller Williams Realty Inc.
7 Beds
6 Baths
Pending
For Sale
Keller Williams Realty Advantage Fair Housing

Property Description

**Will be delivered Vacant** Unlock the full potential of real estate success with this extraordinary 4 Family set up-a cash-flow masterpiece strategically poised for profitability in every facet. Discover a property with not just size but vision, boasting an expansive lot and incredible R6/M1-1 zoning that sets the stage for a truly one-of-a-kind opportunity. A mere stone's throw away from the Cross Bronx Expressway and Hutchison River Parkway, this income-producing Property offers unparalleled connectivity, ensuring your investment thrives in a high-demand location. This is not merely a property; it's a financial engine. With thoughtfully designed units, each tailored to house spacious layouts, your investment is set to generate robust and consistent income streams. The canvas for your real estate dreams awaits! The massive lot size not only accommodates the existing quadruplex but opens the door to limitless possibilities for expansion and development. The incredible zoning potential of R6/M1-1 empowers you to dream big. Whether it's building upward or exploring diverse uses, this property adapts to your vision, ensuring lasting value and adaptability. Surrounding the property are restaurants, laundromats, banks, and a pharmacy, ensuring your residents experience the epitome of comfort. Additionally, gyms, shops, and bus stops are mere steps away. The main line for the 6 train is within a stone's throw, providing unparalleled access to public transportation and enhancing the property's appeal to potential tenants. Beyond the existing quadruplex configuration, envision the potential for this property to function as more units. Explore the possibilities, whether it's optimizing for increased rental income or catering to varied tenant needs. Seize this colossal opportunity to redefine your real estate portfolio. Whether you're an experienced investor or a visionary looking to make a mark, this 4-family quadruplex offers the perfect blend of immediate returns and future growth potential. Act now and position yourself at the forefront of real estate success!

Property Details

Compare This Home
Overview
Property Type
Quadruplex
Year Built
1926
Days on Site
108 Days
HVAC
Hot Water, Natural Gas
Parking
6 Parking Spaces
NYS LICENSED REAL ESTATE BROKER
KW GREATER NASSAU
10491200383

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,099,000
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Price & Tax History

Date
Event
Price
11/30/2023
Listed
$1,099,000
(+40%)
04/06/2018
Sold
$785,000
(+84.71%)
12/30/2014
Sold
$425,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$17,055
(+8%)
$136,419
Land 38,660 + Additions 97,759
2023
$15,792
(+1.92%)
$126,317
Land 42,957 + Additions 83,360
2022
$15,495
(+14.74%)
$279,450
Land 83,250 + Additions 196,200
2021
$13,504
$239,850
Land 83,250 + Additions 156,600
2020
$13,504
(+2.04%)
$263,250
Land 83,250 + Additions 180,000
2019
$13,235
(+15.65%)
$263,250
Land 83,250 + Additions 180,000
2017
$11,444
$97,167
Land 34,305 + Additions 62,862
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
NYS LICENSED REAL ESTATE BROKER
KW GREATER NASSAU
10491200383

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