USANYBronx3256 Riverdale Ave
Aerial view of side of property with driveway entrance | Image 1
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$3,300,000

3256 Riverdale Ave, Bronx, NY

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $20,393
Days Active 1
Approx. Age 1925
MLS® Number 895175

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime Income-Producing Property with Significant Development Potential Rare opportunity to acquire a well-maintained, fully occupied multifamily property in a high-demand neighborhood. This pre-war building, constructed in 1925, offers a private driveway with a large outdoor parking, five residential units—(3) one-bedrooms and (2) three-bedrooms—all featuring private in-unit laundry and access to a total of seven bathrooms. The property sits on a 6, 570 SF lot with a current built area of 3, 811 SF and boasts 12, 154 SF of unused FAR (subject to zoning and DOB verification), offering significant value-add or redevelopment potential. Meticulously cared for and updated over time, this asset presents stable rental income, strong tenancy, and long-term upside for investors, developers, or 1031 exchange buyers. The close proximity to transportation, retail corridors, and neighborhood amenities enhances the property's appeal. All showings by appointment only. Financials available upon request.Show Description
MLS® Number895175
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1925
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump
A/CENERGY STAR Qualified Equipment
Heating Fuel

Extras

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