3256 Riverdale AVE new Save Request In-Person Tour Request Virtual Tour
Bronx,NY 10463
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 895175
Rental Info No
Year Built 1925
Annual Tax Amount $20,393
Lot Size 6,568 Sqft
Acres 0.1508
Property Sub-Type Multi Family
Source onekey2
Property Description
Prime Income-Producing Property with Significant Development Potential
Rare opportunity to acquire a well-maintained, fully occupied multifamily property in a high-demand neighborhood. This pre-war building, constructed in 1925, offers a private driveway with a large outdoor parking, five residential units—(3) one-bedrooms and (2) three-bedrooms—all featuring private in-unit laundry and access to a total of seven bathrooms.
The property sits on a 6,570 SF lot with a current built area of 3,811 SF and boasts 12,154 SF of unused FAR (subject to zoning and DOB verification), offering significant value-add or redevelopment potential. Meticulously cared for and updated over time, this asset presents stable rental income, strong tenancy, and long-term upside for investors, developers, or 1031 exchange buyers. The close proximity to transportation, retail corridors, and neighborhood amenities enhances the property's appeal. All showings by appointment only. Financials available upon request.
Location
State NY
County Bronx County
Rooms
Basement Partial
Interior
Heating Heat Pump
Cooling ENERGY STAR Qualified Equipment
Flooring Tile,Wood
Fireplace No
Appliance Dishwasher,Dryer,Gas Range,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer,Oil Water Heater
Exterior
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Trash Collection Public,Water Available
View City
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Schools
High Schools Bronx
School District Bronx
Others
Special Listing Condition None