1343 Bristow Street, Bronx, NY

$1,199,000

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8

Beds

5

Baths

3,540

Square feet

0.04

Acres

About 1343 Bristow Street

Modern 3-Family Brick Home in the Bronx Welcome to a rare gem in the bustling Bronx, NY—a modern 3-family brick home that promises both high rental income and remarkable future development potential. Built in 2005, this young property is located in a coveted R-7 zoning area, making it a prime opportunity for savvy investors and developers alike. This impressive property features three spacious apartments: two 3-bedroom units and one 2-bedroom unit, all with utilities paid by the tenants, maximizing your investment returns. The first floor is currently vacant, offering immediate occupancy for a new owner or additional rental income potential. The second-floor unit generates a substantial $3,050 per month, while the third-floor unit brings in $2,200 per month, ensuring a steady and high rental income stream. Located in the hot Bronx market, this property boasts annual taxes under $7,000, further enhancing its attractiveness as a profitable investment. The R-7 zoning classification adds significant value by providing excellent potential for future development, allowing investors to build up and expand in one of the most sought-after areas of New York City. Living in the Bronx means being part of a dynamic community with vibrant culture, numerous amenities, and unparalleled convenience. Legal 3-family homes are scarce in this area, making this property a true trophy investment. Whether you're an investor seeking immediate returns or a developer with an eye for future projects, this home is a perfect fit. Don't miss this exceptional opportunity to own a standout property in one of New York City's most dynamic real estate markets. Contact us today to schedule a viewing and seize this prime investment

Features of 1343 Bristow Street

MLS® # 805460
Price $1,199,000
Sold Price $1,165,000
Date Sold February 28th, 2025
Bedrooms 8
Bathrooms 5.00
Full Baths 5
Square Footage 3,540
Acres 0.04
Taxes $6,562
Year Built 2005
Type Residential Income
Sub-Type Triplex
Status Closed

Community Information

Address 1343 Bristow Street
City Bronx
County Bronx County
State NY
Zip Code 10459
Adult 55+ Community No

Amenities

Utilities Natural Gas Connected
Is Waterfront No
Has Pool No

Interior

Interior Features First Floor Bedroom
Heating Baseboard
Cooling Wall/Window Unit(s)
Has Basement Yes
Basement None
Fireplace No

Exterior

Exterior Brick

Additional Information

Date Listed December 13th, 2024
Days on Market 20
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Galvez

Listing Map

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