About This Home

This 0-bedroom, 0-bathroom single family at 511 E 183rd Street in Bronx, NY is listed for $999,000. Built in 1901, on a 0.05 acres lot.

Key Features

  • Built in 1901
  • 0.05 acre lot
  • 3 stories

Property Details

3 stories
1901
Listing Description

Prime mixed-use investment opportunity in the heart of Belmont! This three-story mixed-use building features one ground-floor retail space and two spacious residential apartments, offering excellent income potential and future flexibility. The property consists of one retail storefront, one 3-bedroom apartment, and one 4-bedroom apartment.

Both residential apartments will be delivered vacant at closing, The retail space is occupied, providing immediate income while allowing investors to maximize the property's residential income potential. The building contains approximately 4,280 square feet and is classified as Tax Class 1, helping to keep annual real estate taxes low.

Ideally located just off Fordham Road in one of the Bronx's busiest commercial corridors, the property benefits from exceptional foot traffic and convenient access to shopping, restaurants, schools, major highways, and public transportation, including the B, D, and 4 subway lines, as well as multiple bus routes.

Excellent opportunity for investors, owner-users, or 1031 exchange buyers seeking a well-located mixed-use asset with immediate upside and long-term appreciation potential. Showings by appointment only. Please do not disturb the commercial tenant.

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

511 E 183rd Street

Bronx, NY 10458

Property Details

Construction

Vinyl Siding

Heating

Natural Gas

Cooling

Multi Units

Questions & Answers

This 0-bedroom, 0-bathroom single family at 511 E 183rd Street is listed at $999,000. The estimated monthly payment is $5,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1901, 0.05 acre lot, 3 stories.

This property is listed by Georgina T. Maynard and can be reached at 9143193634.

GM

Georgina T. Maynard

Agent at Charles Rutenberg Realty, Inc.

(914) 319-3634

Listed by Charles Rutenberg Realty, Inc.

MLS# 1030608· Source: listhub· 6 days on market

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511 E 183rd Street, Bronx, NY 10458

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