BEDS11
BATHS5 full
SQUARE FEET3,200
MLS#1052830
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLContact Agent
Property Description
Excellent opportunity to acquire a renovated, legal three-family property with strong cash flow and high NOI. The three-story building features three spacious residential apartments, with each unit occupying its own floor.Apartment 1: 2 bedrooms, 1 bathroomApartment 2: 4 bedrooms, 2 bathroomsApartment 3: 5 bedrooms, 2 bathroomsAll three units are rented and income producing, offering investors immediate rental income and a strong existing cash-flow profile. The property's legal three-family configuration, large apartment layouts, and renovated condition make it an attractive investment opportunity with additional upside.Located in the Bronx, the property is surrounded by parks, restaurants, shopping, grocery stores, and public transportation, offering residents convenient access to everyday amenities and neighborhood attractions.Development Potential: The property sits on a 25' x 136' lot and is located in an R7B zoning district with a residential FAR of 3.0. The existing income-producing property also offers additional development potential, providing an opportunity for an investor or developer to explore future expansion or redevelopment, subject to applicable zoning and building regulations.Featured Residential Sales.
Property Features
Property Type: Residential - Single Family
Cooling: Electric
Heating: Natural Gas
Lot Size: 0.08 Acres
Taxes: $5,872
Year Built: 1930
Amenities
High Ceilings
Feature Descriptions
Appliances: Gas Oven, Refrigerator
Building Area Total: 3200
Days on Site: 1
Exterior: Frame
On Market Date: 2026-09-18
Parcel Number: 03283-0050
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Rooms Total: 16
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
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Estimated Payment
$ 3,761.74 per month $2,893.24 Principal & Interest $489.33 Property Tax $379.17 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: NY Space Finders Inc
Agency Contact: 718-440-8162
Shown By
Agency Title: Laffey Real Estate
Agency Phone: 1-888-289-6902
2707 Decatur Avenue | MLS# 1052830
This single family home located at 2707 Decatur Avenue , Bronx, NY 10458 is currently listed for sale with an asking price of $1,300,000. This property was built in 1930 and has 11 bedrooms and 5 full baths with 3200 sq. ft. Decatur Avenue is located within the Contact Agent school district. Search Bronx real estate on www.laffey.com today.