MLS#1023558
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBronx 11
Property Description
Exceptional investment opportunity in the heart of Pelham Bay! This well-maintained 8-family brick apartment building offers a strong income-producing asset with an excellent rent roll and outstanding long-term value. The property features a desirable unit mix of six spacious two-bedroom apartments and two one-bedroom apartments, appealing to a wide range of tenants.Adding to its income potential are six private garages, providing an additional revenue stream in this highly sought-after neighborhood. The building has been thoughtfully maintained over the years, with numerous capital improvements including an updated boiler and renovations to many of the kitchens and bathrooms, allowing the next owner to benefit from a property that has been consistently cared for.Ideally located near shopping, restaurants, parks, public transportation, and major highways, this turnkey investment combines stable cash flow with future upside in one of the Bronx's most desirable neighborhoods. Whether you're expanding your portfolio or acquiring your first multifamily investment, this Pelham Bay property is a rare opportunity not to be missed.
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Steam
Taxes: $20,723
Year Built: 1941
Feature Descriptions
Building Area Total: 7200
Exterior: Brick
Heating Zones: 8
On Market Date: 2026-07-09
Parcel Number: 053780040
Parking Features: Driveway, Garage
Rental Term: Monthly
Sewer: Public Sewer
Units: 8
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public
Local Schools
School District: Bronx 11
Listed By / Shown By
Listing By
Agency Name: Coldwell Banker Signature Prop
Agency Phone: 914-682-2200
Shown By
Agent Name: Clovia Leslie
Agent Phone: (631) 464-9745
Agency Title: Coldwell Banker American Homes
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2897 Dudley Avenue | MLS# 1023558
This commercial property located at 2897 Dudley Avenue , Bronx, NY 10461 is currently listed for sale with an asking price of $1,500,000. Dudley Avenue is located within the Bronx 11 school district. Search Bronx real estate on clovialeslie.cbamhomes.com today.