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2527 Matthews Avenue , Bronx, NY 10467

$1,499,000

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BEDS0 BATHS MLS#979535

STATUSActive PROPERTY TYPECommercial - SCHOOLBronx 11

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Property Description

LEGAL 5 FAMILY! Exceptional opportunity in the heart of the Allerton section of the Bronx-this FULLY VACANT, well-maintained 5-Family offers incredible flexibility for both investors and end-users looking to live in one unit while generating strong rental income from the others. The property consists of four 1-Bedroom units and 1-oversized Studio, all in excellent condition with their own separate utilities, keeping operating expenses efficient and straightforward. With updated mechanicals throughout and a dedicated utility area, this is a low-maintenance, income-producing asset ready for immediate occupancy or lease-up. Delivered completely vacant, allowing you to set market rents from day one or customize occupancy to fit your needs. Ideal for an owner-occupant looking to offset living expenses or an investor seeking a stable, cash-flowing property with long-term upside. Located on a quant, tree-lined street just moments from Pelham Parkway, parks, shopping, and public transportation, offering convenience and strong tenant demand. Turnkey condition, flexible use, and rare vacancy-opportunities like this don't come around often!

2527 Matthews Avenue | MLS# 979535

This commercial property located at 2527 Matthews Avenue , Bronx, NY 10467 is currently listed for sale with an asking price of $1,499,000. Matthews Avenue is located within the Bronx 11 school district. Search Bronx real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Cooling: Wall/Window Unit(s)

Heating: Baseboard

Lot Size: 0.06 Acres

Taxes: $13,115

Year Built: 1935

Feature Descriptions

Building Area Total: 3360

Days on Site: 8

Exterior: Brick

Fencing: Front Yard

Flooring: Hardwood

Heating Units: 5

On Market Date: 2026-04-01

Parcel Number: 04440-0047

Parking Features: On Street

Rental Term: Monthly

Separate Electric Meters: 6

Separate Gas Meters: 5

Sewer: Public Sewer

Special View Info: City

Units: 5

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water: Public

Local Schools

School District: Bronx 11

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55 Northern Blvd
Greenvale, NY 11548

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2527 Matthews Avenue , Bronx, NY 10467

Property Description

2527 Matthews Avenue | MLS# 979535

Property Features

Feature Descriptions

Local Schools

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2527 Matthews Avenue , Bronx, NY 10467

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