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Type:
Mixed Use
Sq Ft:
5,698
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 1141 Washington Avenue, located in the Morrisania section of the Bronx.
The subject property is a newly renovated vacant mixed-use building featuring approximately 1,600 SF of retail space, along with two residential apartments consisting of one 3-bedroom, 2-bathroom apartment and one 4-bedroom, 2-bathroom apartment.
All units have been recently renovated and the building will be delivered vacant, allowing either an end user or investor to take advantage of the immediate upside and lease the property at current market rents. Each residential tenant is responsible for their own utilities, helping to minimize the landlord’s operating expenses.
The property is conveniently located near major hospitals and offers easy access to the 2, 4, 5, and 6 subway lines, providing excellent transportation connectivity throughout the Bronx and Manhattan.
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Block & Lot:
02388-0048
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Neighborhood:
Morrisania
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Cross Streets:
Gouverneur pl & East 167th Street
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Building Dimensions:
23 ft x 71 ft
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Lot Dimensions:
23.34 ft x 91.33 ft
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Units:
3
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Total Approx. SF:
5,698
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Zoning:
M1-1 / R7-
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FAR:
4.0
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Tax Class:
1
