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$549,000
Est. payment /mo
1,877 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Westchester Square
MLS Listing ID 1061769
Rental Info No
Year Built 1940
Annual Tax Amount $13,298
Lot Size 1,877 Sqft
Acres 0.0431
Property Sub-Type Retail
Source onekey2
Property Description
JUST REDUCED TO ONLY $549K — MOTIVATED SELLER SEEKS FAST ALL-CASH, AS-IS/WHERE-IS SALE! DON'T MISS THIS OPPORTUNITY! WESTCHESTER SQUARE — FREESTANDING COMMERCIAL INVESTMENT/OWNER-USER OPPORTUNITY near the busy E Tremont Ave & Castle Hill Ave intersection! MASSIVE PRICE REDUCTION! This single-story commercial building sits on its own 28' x 67' lot with approx. 1,876 SF of ground-floor commercial space PLUS a substantial finished basement. Currently occupied by an established luxury event-space business on an expired lease/M-T-M tenancy, with the tenant expressing interest in a new lease. Open, versatile commercial layout with excellent street visibility and frontage along the high-traffic E Tremont Ave corridor. Ideal for investors, business owner-users, event/entertainment operators, retail, professional/medical offices, service businesses or other permitted uses. Surrounded by established businesses, restaurants & community services; Bx40, Bx42 & Bx4A buses approx. 1 block away; #6 subway approx. 7–9 short blocks. RARE ADJOINING PROPERTY OPPORTUNITY: Neighboring 2429 E Tremont Ave JUST REDUCED TO $899K, featuring approx. 4,430 SF with two spacious 3BR apartments, VACANT 1,474-SF ground-floor retail/flex space + HUGE finished walk-up attic loft. Together, the properties provide approx. 50' of contiguous E Tremont Ave frontage across two separate tax lots. BUY INDIVIDUALLY OR ACQUIRE BOTH PROPERTIES AS A PACKAGE FOR ONLY $1,400,000! Outstanding opportunity for investors and owner-users seeking residential income, commercial space, leasing upside and repositioning flexibility. Seller may consider vacant delivery, subject to negotiated terms and existing tenancy requirements. SERIOUS BUYERS — ACT FAST!
Location
State NY
County Bronx County
Rooms
Basement Finished, See Remarks
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ps/Ms 498 Van Nest Academy
High Schools Bronx 11
School District Bronx 11
Others
Special Listing Condition None
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Listed by eXp Realty • Luis A. Morales Jr
NEARBY SCHOOL & BUSINESS
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