Bronx Listings For Sale

2310 Creston Avenue

Bronx, NY 10468

A rare 37-unit property that has been family-owned and operated for over 40 years.

The property is well maintained, with strong tenancy, consistent collections, and upside.

With the principal owner now elderly, the family has made the decision to transition the asset to the next owner.

Offering price is negotiable.

Investment Highlights

• Family Owned for 40+ Years

• 37 Residential Units

• $78K Per Unit

• 8.13% Cap Rate

• 5.22 Rent Gross Multple

• Elevator Building

• Above-Ground Storage Tank

• No Deferred Maintenance Required

• No Rent Collections Issues

• Solid Brick Construction

• Residential Neighborhood

• Walking to Metro-North Train and Subway

• Value-Add Opportunity

Unit Mix

• 1 - Studio
• 30 - One Bedrooms
• 6 - Two Bedrooms

Offering Price: $2,900,000

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