Type:
Mixed Use
Sq Ft:
3,000
Units:
Property Description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 517 East 233rd Street. The subject property is a 2-story corner mixed use building that is in the Woodlawn section of the Bronx.
The free-market building is made up of 1 apartment (1BR), office space, storage space, and parking. There are currently two month to month tenants that are occupying the apartment and storage space, the 1-bedroom is paying $1,100 and the storage tenant is paying $1,450. The office space will be delivered vacant. This is a perfect opportunity for an investor to come in and capture the upside in the under-market rents or an owner user to utilize the building for their business.
Built in 1927, the property has 2 buildings on the lot totaling approximately 3,000 SF. The 4,100 SF lot sits on the corner of East 233rd and Peters Place.
The building is within walking distance of the Woodlawn Train Station (Metro North).
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Block & Lot:
03395-0088
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Neighborhood:
Woodlawn
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Cross Streets:
Corner of E 233rd St & Peters Pl
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Building Dimensions:
20 ft x 100 ft
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Lot Dimensions:
47.33 ft x 100.67 ft
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Units:
3
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Total Approx. SF:
3,000
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Zoning:
C8-1
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FAR:
1.0
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Tax Class:
4
