2429 E Tremont AvenueBronx, NY 10461

Description

WESTCHESTER SQUARE EXCEPTIONAL MIXED-USE INVESTMENT/OWNER-USER OPPORTUNITY ON BUSY E TREMONT AVE & CASTLE HILL AVE INTERSECTION! Offered at $1,449,000, this 3-story mixed-use building offers approx. 4,430 SF on a 22' x 67' lot with a 1,474-SF footprint, featuring two large 3BR apartments, vacant 1,474-SF ground-floor retail/flex space, plus a huge finished private walk-up attic loft with front & rear terrace-like porches, baseboard heat & HVAC. The vacant storefront offers excellent visibility, large windows and a flexible layout ideal for retail, professional/medical office, service business or other commercial use, while the residential units provide existing income and the vacancy offers immediate upside. Prime high-traffic E Tremont Ave commercial corridor surrounded by established businesses, restaurants & neighborhood services; Bx40, Bx42 & Bx4A approx. 1 block away and #6 subway approx. 7–9 short blocks. ADJOINING PROPERTY OPPORTUNITY: neighboring 2429A E Tremont Ave separately offered at $749,000, featuring approx. 1,876 SF ground-floor commercial space + substantial finished basement, currently occupied by a luxury event-space business on an expired lease/M-T-M tenancy. Together, the properties offer approx. 50' of contiguous E Tremont Ave frontage. Purchase individually or acquire BOTH adjoining properties as a PACKAGE for $2,150,000—ideal for investors/owner-users seeking income, commercial flexibility and repositioning potential. Seller may consider vacant delivery.

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Year built

1925

Stories

4

Building area

4,424 Sq Ft

Lot size

0.03 acres

Days on market

23

MLS^® Listing#

1061773

Property Features

Cooling

Central Air

Heating

Natural Gas

Parking

On Street

Construction

Brick · Vinyl Siding

Utilities

See Remarks

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$10,140

Assessed value

$79,800

Parcel number

04063-0003

Directions

E Tremont Ave and Castle Hill Ave