$4,300,000
290 Zerega Avenue
Bronx, NY 10473
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Beds
—
Baths
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Square feet
2011
Built
Listing narrative
Description
PACKAGE DEAL Exceptional opportunity to acquire a five-property residential portfolio located along Zerega Avenue in the Bronx. This unique offering consists of five two-family homes situated within the same immediate area, providing investors with scale, convenience, and long-term income potential in a well-established residential neighborhood. The portfolio includes 256, 258, 286, 290 and 294 Zerega Avenue. The homes feature a variety of spacious two-bedroom configurations, with several units offering finished basement space and multiple bathrooms. An additional value-add opportunity exists within the existing rent roll, with several units currently leased below ownership's estimated market-rent benchmark and multiple leases scheduled for turnover through 2027, providing potential for future rental growth. Conveniently located near Westchester Avenue, shopping, restaurants, schools, medical facilities and major transportation. The Zerega Avenue 6 train station is within walking distance, while I-95 and the Bruckner Expressway provide convenient vehicular access throughout the Bronx and greater New York City area. A compelling opportunity for investors seeking a concentrated multifamily portfolio with existing cash flow, multiple income-producing units, future rental upside and five properties located within one established Bronx neighborhood.
Property Details
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Price
$4,300,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Multi Family
Home Size
Sqft n/a
Baths
Baths n/a
Lot Size
2,082 sqft
Year
2011
Status
For Sale
Days on Market
54
Courtesy of Link NY Realty





