Property Description

This income-producing four-unit property at 1149 Croes Avenue in the Soundview neighborhood of the Bronx, New York offers seven total bedrooms, four full bathrooms, approximately 3,280 square feet, and a 2,500-square-foot lot. The unit mix includes two one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment. All four units are currently leased, with stated rents totaling approximately $10,073 per month, or $120,876 in scheduled annual gross rent, subject to verification of leases, collections, expenses, and utility responsibilities.Built in 1927, this attached brick multifamily property features a full basement, public water and sewer, wall/window cooling units, and on-street parking. The current lease schedule includes expirations ranging from December 2026 through July 2027, providing an established rental-income stream. Interior photographs document multiple kitchens, living areas, bedrooms, bathrooms, common hallways, and basement space throughout the building.Located in Soundview, the property is near neighborhood shopping and services along the Westchester Avenue corridor, with access to local bus service and the St. Lawrence Avenue 6 train station for connections through the Bronx and into Manhattan. The location also provides access to the Bruckner Expressway and other major Bronx roadways, supporting convenient travel throughout New York City.This fully occupied Bronx multifamily property offers an opportunity to acquire an established four-unit asset with a varied apartment mix, active leases, brick construction, and proximity to public transportation. Buyers should independently verify the certificate of occupancy, legal unit count, rent roll, lease terms, rent-regulation status, operating expenses, utility setup, and all financial information. Schedule a private showing to review the apartments, common areas, basement, and investment potential.

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