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253 E 206th Street

Bronx, NY 10467
  • $3,100,000
  • STATUS: Active
  • ON SITE: 9 Days
  • MLS #: 884770
UPDATED: 11 min ago
$3,100,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2017
County:
Area:

School Ratings & Info

Description

10-Unit Multifamily Norwood, Bronx | Owner Financing Just 15% Down | Below-Market Rents High Upside Outstanding investment opportunity in the heart of Norwood, Bronx this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden. Owner Financing Available Just 15% Down! Finance up to 85% of the purchase price 5.75% fixed interest rate Skip the banks flexible seller-backed terms Property Highlights: 10 residential units with strong rental demand Rents are well below market unlock major income potential Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors Quiet, residential block in a rapidly appreciating neighborhood Perfect for value-add investors, 1031 exchanges, or long-term hold strategies This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.

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© 2025 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: 2025-07-12T17:18:57.44.
www.nicoleburkehomes.com/homes/165488888
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253 E 206th Street Bronx, NY 10467

  • Price: $3,100,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 11 min ago
  • MLS #: 884770
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2017
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
Property Description
10-Unit Multifamily Norwood, Bronx | Owner Financing Just 15% Down | Below-Market Rents High Upside Outstanding investment opportunity in the heart of Norwood, Bronx this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden. Owner Financing Available Just 15% Down! Finance up to 85% of the purchase price 5.75% fixed interest rate Skip the banks flexible seller-backed terms Property Highlights: 10 residential units with strong rental demand Rents are well below market unlock major income potential Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors Quiet, residential block in a rapidly appreciating neighborhood Perfect for value-add investors, 1031 exchanges, or long-term hold strategies This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.
Exterior Features

Construction Materials Brick Property Attached YN No Waterfront YN No

Interior Features

Basement YN No Cooling None

Property Features

Building Area Total 6692 Heating Natural Gas Listing Terms Seller Financing Lot Size Area 2800 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 34621.76 Tax Source Municipality Utilities Electricity Connected Water Source Public

Listing courtesy of Ference Kurfis of Blue Brick Real Estate: 718-614-8349
© 2025 OneKey MLS. All rights reserved.


© 2025 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: 2025-07-12T17:18:57.44.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803