2311 Creston Avenue, Bronx, NY 10468
Local realty services provided by:CENTURY 21 Hire Realty
2311 Creston Avenue,Bronx, NY 10468
$1,175,000
- 6 Beds
- 3 Baths
- 2,232 sq. ft.
- Multi-family
- Active
Listed by: shpresa camaj
Office: real broker ny llc.
MLS#:976499
Source:OneKey MLS
Price summary
- Price:$1,175,000
- Price per sq. ft.:$526.43
About this home
Introducing a fully occupied three family investment opportunity in the heart of Fordham Heights, offering immediate cash flow in a prime Bronx location just one block from the 182nd Street Grand Concourse subway station. This well maintained and recently fully renovated property features three spacious two bedroom, one bathroom apartments, each currently rented at $2,762 per month. All units are occupied with tenants in place, providing consistent income from day one. Tenants are responsible for all utilities, contributing to low operating expenses and strong overall performance. The property also includes a full basement with utility access, offering additional functional space and flexibility. Annual expenses remain low, with taxes at $4,087, water at $2,000, and common electric at $900, further enhancing the investment appeal. With a 7.4% cap rate, this is an ideal opportunity for investors seeking a stabilized, income producing asset in a high demand rental market. Zoned R8, the property also offers long term upside potential for future development or expansion. A turnkey investment in a highly accessible and desirable Bronx location....
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Home facts
- Year built:1901
- Listing ID #:976499
- Added:8 day(s) ago
- Updated:April 03, 2026 at 10:47 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Full
- Living area:2,232 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1901
- Building area:2,232 sq. ft.
- Lot area:0.05 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$526.43
- Tax amount:$4,087 (2025)
Features and amenities
- Amenities:Open Floorplan, Storage
Parking
- Parking description:On Street
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