NY
Bronx
Bronx
10464
312-316 City Island Avenue
312-316 City Island Avenue, Bronx, NY 10464
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Listing Type
Commercial/Industrial
Listing Status
Active
44
$2,100,000

Home Details for 312-316 City Island Avenue

Price
$2,100,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1931
Lot size acres
0.1631
County
Bronx
Garage
Basement
Partially Finished
Days on site
1
MLS Listing#
907496
Property Description

Discover a rare investment opportunity in the heart of City Island, a vibrant, nautical community in the Bronx known for its charm, history, and strong local business presence. The ground floor hosts four (4) separate commercial storefronts, all with street frontage along City Island Ave., a high foot-traffic area perfect for professional service. Perfectly suited for investors or owner-occupants looking to live and earn in one of the most unique neighborhoods in New York City. This newly renovated mixed-use property offers a blend of residential comfort and commercial. Located on the top floor, features four (4) beautiful apartments, including: 2, two bedroom apartment, one bedroom, and a very large studio apartment. Fully updated unit with an open-concept layout, flooded with natural light including 4 large skylights in one of the apartments, and modern kitchens and bathrooms. Beautiful high ceilings and quality finishes with updated roofing and skylights. This asset offers strong upside potential with a low in-place rent roll and substantial projected income in future. Pending Final Certificate of Occupancy | Projected High Rent Roll |Property Tax Grievance in Progress. Don’t miss this opportunity to own a piece of City Island’s commercial and residential charm. Whether you're an investor or a business owner looking for a space to live or work – 312–316 City Island Ave offers flexibility, income potential, and long-term value.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Utilities
    • Electricity Connected
  • Basement
    • Partially Finished
Listing Courtesy: Direct Choice Realty - 718-885-1166
Presented by: Cecilia Norbert
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53 Hill St., Southampton, NY 11968
Rich Norrby
License #: 10401340155
Sales Representative
Office
631 343 8700
Agent
631 871 8762
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