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Type:
Mixed Use
Sq Ft:
7,124
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 4175 Third Avenue; a four-story mixed-use building located in the Tremont section of the Bronx.
The property consists of eight residential units and two commercial stores on the ground floor. The apartments are configured as two studios and six three-bedroom units. The building benefits from its protected 2B tax class, with a tax bill of only $10,196 per year. It is well maintained with zero HPD violations. Additionally, the tenants currently receive preferential rents, providing potential upside in the rent roll upon vacancy.
Built in 1931, the property measures 26 feet in width and 75 feet in depth, totaling 7,124 square feet.
The building is conveniently located within walking distance of the Tremont Metro-North Station, which offers a commute to Grand Central Station in under 20 minutes.
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Block & Lot:
2924-0036
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Neighborhood:
Tremont
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Cross Streets:
East 176th Street & East Tremont Avenue
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Building Dimensions:
26 ft x 75 ft
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Lot Dimensions:
26 ft x 96.67 ft
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Units:
10
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Total Approx. SF:
7,124
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Zoning:
M1-4/R7X
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FAR:
5
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Tax Class:
2B
