$1,300,000
2707 Decatur Avenue
Bronx, NY 10458
11
Beds
5
Baths
3,200
Square feet
1930
Built
Listing narrative
Description
Excellent opportunity to acquire a renovated, legal three-family property with strong cash flow and high NOI. The three-story building features three spacious residential apartments, with each unit occupying its own floor. Apartment 1: 2 bedrooms, 1 bathroom Apartment 2: 4 bedrooms, 2 bathrooms Apartment 3: 5 bedrooms, 2 bathrooms All three units are rented and income producing, offering investors immediate rental income and a strong existing cash-flow profile. The property's legal three-family configuration, large apartment layouts, and renovated condition make it an attractive investment opportunity with additional upside. Located in the Bronx, the property is surrounded by parks, restaurants, shopping, grocery stores, and public transportation, offering residents convenient access to everyday amenities and neighborhood attractions. Development Potential: The property sits on a 25' x 136' lot and is located in an R7B zoning district with a residential FAR of 3.0. The existing income-producing property also offers additional development potential, providing an opportunity for an investor or developer to explore future expansion or redevelopment, subject to applicable zoning and building regulations.Featured Residential Sales.
Property Details
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Price
$1,300,000
Beds
11 bd
Type
House
Home Size
3,200 sqft
Baths
5
Lot Size
3,411 sqft
Year
1930
Status
For Sale
Days on Market
28
$ / Sqft
$406
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
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Full MLS property history
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