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  • Price cut: $45K (4/21)
    $1,150,000

    2311 Creston Ave, Bronx, NY 10468

    6beds
    --sqft
    Multi Family
    Built in 1901
    -- sqft lot
    $1,153,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    2311 Cerston Ave, Bronx, NY – Exceptional Investment Opportunity Presenting a rare opportunity to acquire a well-maintained, newly renovated 3-family property located in a prime area of the Bronx. This property features three fully-occupied units, each leased to tenants with Cityfheps vouchers, ensuring a guaranteed income. The tenants pay for their own utilities, further minimizing your expenses. With a 7.4% cap rate and zoning R8, this investment provides excellent potential for long-term returns. The building's annual expenses are under $11,000, offering an efficient and cost-effective ownership experience. The property also features a finished basement, providing additional storage or potential for other uses. Key Features: 3 Family Property – Each unit is currently occupied with reliable tenants. Cityfheps Vouchers – Guaranteed income with tenants paying their own utilities. Zoning R8 – Offers potential for future development or expansion. 7.4% Cap Rate – Attractive investment return. Low Annual Expenses – Less than $11,000 for the year. Finished Basement – Added space for additional storage or other uses. Newly Renovated – Recently updated with modern finishes. This property is ideal for investors looking for a hands-off, cash-flowing asset in a growing neighborhood. Please note, the property cannot be delivered vacant. For more information or to schedule a viewing, including video walkthroughs, contact us today.
    121 days
    on Zillow
    |
    130
    |
    9
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 17, 2025 at 11:08am

    Listing by:

    Real Estate Leonard LLC 917-419-2461,

    Zachi Koren

    Source: StreetEasy,MLS#: S1756679
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2311 Creston Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 0

    Property

    Details
    • Parcel number: 031720036
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1901

    Community & HOA

    Community
    • Subdivision: Fordham
    HOA
    • Services included: Maintenance
    Location
    • Region: Bronx

    Financial & listing details

    • Tax assessed value: $859,000
    • Annual tax amount: $4,008
    • Date on market: 2/28/2025
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