1687 Jerome Avenue, Bronx, NY

$1,400,000

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4,000

Square feet

0.04

Acres

About 1687 Jerome Avenue

Welcome to 1687 Jerome Avenue, a fully renovated mixed-use property located in the heart of the Bronx. This turn-key investment offers strong income potential with minimal expenses, making it an ideal opportunity for both investors and end-users. The ground floor features a retail storefront currently leased to a CPA on a stable five-year lease. Above the retail space are two newly renovated three-bedroom residential units, both delivered vacant and ready for immediate occupancy. The second-floor unit offers spacious living with modern updates, while the third-floor unit includes a private rear patio, perfect for added outdoor enjoyment. The seller has completed full renovations throughout the building and has separated all heating systems for added efficiency and tenant convenience. With very low property taxes and excellent rental demand in the area, this property presents a rare opportunity to own a well-maintained, income-producing asset in a prime Bronx location.

Features of 1687 Jerome Avenue

MLS® # 851277
Price $1,400,000
Bathrooms 0.00
Square Footage 4,000
Acres 0.04
Taxes $4,341
Year Built 1920
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 1687 Jerome Avenue
City Bronx
County Bronx County
State NY
Zip Code 10453
Adult 55+ Community No

Amenities

Utilities Electricity Connected, Natural Gas Connected
Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Has Basement No
Fireplace No

Exterior

Exterior Brick

Additional Information

Date Listed April 21st, 2025
Days on Market 80
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Executives Today
Contact Info718-274-2400

Listing Map

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