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1110 Lydig Ave Avenue

Bronx, NY 10461
  • $4,200,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: L3588194
UPDATED: 159 min ago
$4,200,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1952
County:
Area:

School Ratings & Info

Description

**Prime Investment Opportunity in the Heart of Bronx** Discover an exceptional investment opportunity at 1110 Lydig Ave, Bronx, NY 10461. This meticulously maintained building offers a rare chance to own a lucrative multi-unit property in a highly sought-after Bronx neighborhood. **Property Highlights:** - **Ideal Configuration:** Featuring 14 spacious one-bedroom units and 1 generous two-bedroom unit, this building caters to diverse rental demographics, ensuring steady income potential for investors. - **Parking Convenience:** Enhance tenant satisfaction with the convenience of a large parking garage capable of accommodating 17 cars. This sought-after amenity adds significant value to the property and sets it apart from others in the area. - **Quality Construction:** Constructed with durable hard brick, this building exudes timeless appeal and requires minimal maintenance. Each unit boasts hardwood floors, adding a touch of elegance and warmth to the living spaces. - **Spacious Units:** Enjoy generous living spaces ranging from 650 to 700 square feet in each one-bedroom unit, providing residents with ample room to relax and entertain. - **Desirable Location:** Nestled in a thriving neighborhood of the Bronx, residents benefit from easy access to local amenities, including shops, restaurants, parks, and public transportation options. Experience the vibrancy and charm of Bronx living at its finest. **Investment Potential:** - **Stable Income Stream:** With a mix of well-appointed units and convenient parking facilities, this property offers investors a reliable source of rental income with potential for future appreciation. - **Opportunity for Expansion:** Explore opportunities to enhance the property's value through strategic upgrades or the addition of amenities, maximizing its appeal to tenants and investors alike. **Don't miss out on this rare chance to acquire a prime income-generating property in one of the Bronx's most desirable neighborhoods. **

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-12-12T00:17:17.937.
www.nicoleburkehomes.com/homes/157305973
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1110 Lydig Ave Avenue Bronx, NY 10461

  • Price: $4,200,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 159 min ago
  • MLS #: L3588194
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1952
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
Property Description
**Prime Investment Opportunity in the Heart of Bronx** Discover an exceptional investment opportunity at 1110 Lydig Ave, Bronx, NY 10461. This meticulously maintained building offers a rare chance to own a lucrative multi-unit property in a highly sought-after Bronx neighborhood. **Property Highlights:** - **Ideal Configuration:** Featuring 14 spacious one-bedroom units and 1 generous two-bedroom unit, this building caters to diverse rental demographics, ensuring steady income potential for investors. - **Parking Convenience:** Enhance tenant satisfaction with the convenience of a large parking garage capable of accommodating 17 cars. This sought-after amenity adds significant value to the property and sets it apart from others in the area. - **Quality Construction:** Constructed with durable hard brick, this building exudes timeless appeal and requires minimal maintenance. Each unit boasts hardwood floors, adding a touch of elegance and warmth to the living spaces. - **Spacious Units:** Enjoy generous living spaces ranging from 650 to 700 square feet in each one-bedroom unit, providing residents with ample room to relax and entertain. - **Desirable Location:** Nestled in a thriving neighborhood of the Bronx, residents benefit from easy access to local amenities, including shops, restaurants, parks, and public transportation options. Experience the vibrancy and charm of Bronx living at its finest. **Investment Potential:** - **Stable Income Stream:** With a mix of well-appointed units and convenient parking facilities, this property offers investors a reliable source of rental income with potential for future appreciation. - **Opportunity for Expansion:** Explore opportunities to enhance the property's value through strategic upgrades or the addition of amenities, maximizing its appeal to tenants and investors alike. **Don't miss out on this rare chance to acquire a prime income-generating property in one of the Bronx's most desirable neighborhoods. **
Exterior Features

Cross Street Haight Ave Pool Private YN No

Interior Features

Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0

Property Features

Additional Fees 0.00 Additional Fees YN No Additional Parcel YN No Association YN No Building Area Total 14400 Heating Natural GasDucts Lot Size Area 10000 Lot Size Dimensions 100x100 Property Sub Type Multi Family Seasonal YN No Sewer Public Sewer Spa YN No Tax Annual Amount 58116 Tax Section 15 Zoning R4A

Listing courtesy of Yali Ruan of New Group Realty Inc: 718-255-9100
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2024-12-12T00:17:17.937.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803