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1711 Zerega Ave
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1711 Zerega Ave
3,793 SF 100% Leased Retail Building Bronx, NY 10462 £1,033,879 (£273/SF) 8.12% Net Initial Yield
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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
£1,033,879
Price Per SF
£273
Net Initial Yield
8.12%
NOI
£83,966
Percent Leased
100%
Number of Floors
3
Building FAR
1.45
Lot Size
0.06 AC
Zoning
R6
Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (90)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 03991-0066 | Improvements Assessment | £43,501 |
Land Assessment | £46,419 | Total Assessment | £89,920 |
PROPERTY TAXES
Parcel Number
03991-0066
Land Assessment
£46,419
Improvements Assessment
£43,501
Total Assessment
£89,920
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1711 Zerega Ave
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