$3,900,000
$4,200,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2704 E Tremont AVE Bronx, NY 10461
7,535 Sqft Lot
Key Details
Sold Price $3,900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6163104
Sold Date 01/13/23
HOA Y/N No
Rental Info No
Year Built 1909
Annual Tax Amount $47,900
Lot Size 7,535 Sqft
Acres 0.173
Property Sub-Type Retail
Source onekey2
Property Description
FROM GOLDEN OPPORTUNITY TO PLATINUM OPPORTUNITY: The treasure chest of income and pristine Mixed Use Property (Retail Stores and Offices) is now available with OWNER FINANCING under the following terms and conditions: 30% Down and owner will finance balance with an extremely favorable 20 year payout mortgage with either a 5 year or 10 year ballon payment, depending on credit rating. HEAVY PEDESTRIAN TRAFFIC on East Tremont Ave. YOUR ANCHOR TENANT, Duncan Doughnuts, Reap the rewards of the present gross income of $340,906 with an annual expense of $81,400 and a Net Operating Income of $259,766. This property is priced right for the savvy investor who recognizes the upside of the future potential value of the renovated mixed-use Retail and Office Investment property. Due to its strategic location in Westchester Square, this property is ripe for picking. Do your own internal calculations and present your offer. ate. We await your offer.
Location
State NY
County Bronx County
Interior
Heating Forced Air, Natural Gas
Cooling Individual Units, Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Parking Lot
Fence Fenced
Utilities Available Electricity Available
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Block,Brick
Schools
High Schools Bronx
School District Bronx
Others
Special Listing Condition None
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Bought with Richard Greco Real Estate