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2550 Cruger Ave
Morris Park, Bronx | Mace Ave & Allerton Ave
12 Rooms5 Beds2 Baths2,540 Square FeetMulti-Family
$850,000
$850,000
Updated 3 years ago
Sold

2550 Cruger Ave

Morris Park, Bronx | Mace Ave & Allerton Ave

12 Rooms5 Beds2 Baths2,540 Square FeetMulti-Family

$850,000
floors / apts2 / 2
Lot Size25'x100'
Built Size20'x57'
ZoneR6
Building TypeHouse
RE Taxes$6,560
Price Per SF
$335

This property was sold for $850,000 on 08/18/23.

Property Description for 2550 Cruger Ave

Investment Opportunity: Two-Family property with a full basement and a detached 2-car garage in the Bronx (Allerton). Zoned R6 with plenty of upside potential. Introducing 2550 Cruger Ave, a two-family residence primed for renovation, located in the desirable Allerton neighborhood of Bronx, NY. The property, spanning 2,540 sq ft and situated on a 2,499 sq ft lot (25 x 100), is zoned R6 and offers substantial space for a profitable refurbishment. Each unit provides a unique scope for an investor. A very large three bedroom and one bath over a two bedroom and one back. While the property requires renovation, its strategic location offers excellent accessibility and buildable space. This property comes with a bonus of a two-car detached garage and a sturdy brick exterior. It has a new roof, gas lines, and a recently updated boiler. Currently vacant, this property allows the new owner to immediately embark on the renovation journey, shaping its future to their taste. Proximity to schools, shopping, restaurants, public transportation, and all this neighborhood has to offer.

Listing History for 2550 Cruger Ave

Now
08/18/2023
$850,000
Sold and Closed by Rafael Barbosa
Compass
06/01/2023
Contract Signed by Rafael Barbosa
Compass
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Building Details for 2550 Cruger Ave

OwnershipMulti-Family
Building TypeHouse
AccessWalk-up
Year Built1910
Floors/Apts2/2
Learn More About the Building

Contact Agent

Contact Agent

Rafael Barbosa
Compass

Featured on the Linecity Blog

The MEDIAN

Manhattan| September 2023

According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000.  The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022.  The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%.  ...

posted on December 30, 2023
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: 90958TH
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