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NewLuxury

$1,599,000

8 days on market

3018 Schley Avenue

Bronx, NY 10465

· 8% down, 7% APR, 30yr fixed

7

Beds

4

Baths

—

Square feet

1930

Built

Listing narrative

Description

Rare Throggs Neck Investment Opportunity – Legal 3-Family with Incredible Upside! Located in the highly sought-after Throggs Neck neighborhood of the Bronx (School District 8), this unique property offers unmatched versatility for savvy investors, developers, or multi-generational buyers. The property is legally zoned as a 3-family residence, currently functioning as a highly adaptable multi-level layout. • First Floor: Features a comfortable and private 2-bedroom, 1-bathroom unit perfect for an owner's suite or steady rental income. • Second Floor: Configured as a bright, studio-style apartment complete with its own dedicated kitchen and a private, rear deck. • Third Floor: A massive 4-bedroom unit currently utilized as additional living quarters. While the top-floor kitchen was previously removed, all active utility plugs, gas lines, and plumbing hookups remain fully accessible in one of the bedrooms, allowing for a seamless, low-cost conversion back to a full three-unit income producer. Live in one unit and let the others pay your mortgage, or convert it back to a full 3-family to maximize your monthly rental yield! Enjoy a prime location just a short walk to P.S. 72, local transit options, and the bustling shopping district on East Tremont Ave. PACKAGE DEAL AVAILABLE: This property is being co-listed alongside the neighboring parcel. Purchase both together to secure a massive footprint with endless development or expansion potential. Sold completely AS-IS. Buyer to verify all certifications and school zoning with the NYC DOB and DOE.

Listing agent (MLS): Jayla S. Collins · Listing brokerage (MLS): Keller Williams Realty Greater

Property Details

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Price

$1,599,000

Beds

7 bd

Type

Multi-Family

Home Size

Sqft n/a

Baths

4

Lot Size

2,740 sqft

Year

1930

Status

New

Days on Market

8

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Realty Greater