$1,395,000
Updated 5 years ago
Off Market

1125 East Tremont Ave

Parkchester, Bronx | Devoe Ave & Bronx Park Ave

16 Rooms7 Beds2.5 Baths5,250 Square FeetMixed Use

$1,395,000
floors / apts3 / 4
Lot Size26'x112'
Built Size21'x50'
ZoneM1-1
Building TypeTownhouse
RE Taxes$20,617
Price Per SF
$266

Building Amenities

  • Voice Intercom

Property Description for 1125 East Tremont Ave

This recently renovated mix-use commercial/residential building in The Bronx offers an outstanding opportunity for business and investment use in the Eastern Bronx Van Nest neighborhood. Positioned on a 27-foot by 112-foot block-through lot, this property includes two commercial units, two residential units, and a double basement. The spacious storefront includes East Tremont frontage, a half-bathroom, central A/C and rear exit. Two large residential units offer floor-through layouts. The basement includes a utility room, boilers/heaters and a separate entrance. The rear warehouse at the back of the lot, off 179th Street, consists of an office, roomy basement, and a half-bathroom. Each of the residential tenants pay their own utilities, and the commercial units pay some of the taxes. The property’s extensive renovation included a new roof, windows, boiler, hot water tank, and storefront, plus new electrical and plumbing. With a low down payment and expenses, this affordable offering delivers great return on investment and multiple opportunities for running a business with additional rental income. Located in the developed, accessible Van Nest neighborhood, this building is surrounded by local shops and services, with the Bronx River Arts Center, Bronx Zoo and New York Botanical Garden all nearby. Transportation is effortless with 2 and 5 trains, excellent bus service, and the Cross Bronx Expressway and Bronx River Parkway within easy reach.

Listing History for 1125 East Tremont Ave

Now
08/10/2021
TOM by Justin Martinez
Compass
08/09/2021
$1,395,000 [-$100,000] [6.7%]
Price Drop by Justin Martinez
Compass

Building Details for 1125 East Tremont Ave

OwnershipMixed Use
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1800
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

E 180 St
0.18 miles
West Farms Sq-E Tremont Av
0.21 miles

Citi Bike

Boston Rd & E 178 St
0.17 miles
Boston Rd & West Farms Rd
0.23 miles

Contact Agents

Contact Agents

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 42482TH