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$1,400,000

Est. payment - /mo

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1,873 Sqft Lot

Active

1687 Jerome AVE Bronx, NY 10453

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Christine DeHart

christine@salmonrealestate.com +1(718) 273-1200

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 851277

Rental Info No

Year Built 1920

Annual Tax Amount $4,340

Lot Size 1,873 Sqft

Acres 0.043

Property Sub-Type Multi Family

Source onekey2

Property Description

Welcome to 1687 Jerome Avenue, a fully renovated mixed-use property located in the heart of the Bronx. This turn-key investment offers strong income potential with minimal expenses, making it an ideal opportunity for both investors and end-users. The ground floor features a retail storefront currently leased to a CPA on a stable five-year lease. Above the retail space are two newly renovated three-bedroom residential units, both delivered vacant and ready for immediate occupancy. The second-floor unit offers spacious living with modern updates, while the third-floor unit includes a private rear patio, perfect for added outdoor enjoyment. The seller has completed full renovations throughout the building and has separated all heating systems for added efficiency and tenant convenience. With very low property taxes and excellent rental demand in the area, this property presents a rare opportunity to own a well-maintained, income-producing asset in a prime Bronx location.

Location

State NY

County Bronx County

Interior

Cooling Central Air

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

Listed by Realty Executives Today

Salmon Real Estate has been selling residential homes and commercial property on Staten Island since 1956, making us the oldest independent real estate firm on Staten Island.

Our invaluable experience and resources means your needs are our priority. Salmon’s hands-on, team approach means we treat your real estate transaction as if it were our own: personally, professionally, and with over a half-century of know-how.

If you're interested in this listing and would like to learn more, just drop us your name info here and we'll get straight back with you to discuss it. We look forward to speaking with you.

+1(718) 273-1200

christine@salmonrealestate.com

1855 Victory Blvd, Island, NY, 10314, United States