Bronx, NY 10461,2704 E Tremont AVE

$3,900,000

Est. payment /mo

$4,200,000

7.1%
Est.Price: ?

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2704 E Tremont AVE Bronx, NY 10461

7,535 Sqft Lot

SOLD DATE : 01/13/2023

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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Listed by Richard Greco Real Estate
Bought with Richard Greco Real Estate
agent

Triolo Realty Group Inc.

Broker

+1(718) 844-5414

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