New Listing - 04/21/2025
1687 Jerome Avenue, New York, (Bronx), NY, 10453
1920
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.
Status:
Active
Town:
New York
Type:
Commercial
Units:
3
Heating:
Natural Gas
Cooling:
Central Air
Acreage:
0.04
Est. Taxes:
$4,341
Assessment
$37,800
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected
Days on Market:
1
MLS #:
851277
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Realty Executives Today 718-274-2400