Prime Mix-Use FOR SALE
Mixed Use | 15,070 SqFt
Marketing description
Prime Bronx Mixed-Use Opportunity – Strong Cash Flow Asset
701 E 175th Street is a solid six-story, mixed-use building located in the heart of the East Tremont section of the Bronx. Featuring 20–24 residential units and stabilized commercial income, this property presents an exceptional opportunity for investors seeking dependable returns in a rapidly developing neighborhood.
The building generates $16,500 per month from its commercial units alone, providing a strong, reliable income stream from day one. Constructed in 1931, the asset spans approximately 15,070 sq ft on a 3,510 sq ft lot, offering long-term value with additional upside through management and modernization.
With a high-visibility corner presence, steady foot traffic, and proximity to major transit, 701 E 175th Street is well-positioned for continued growth. The property’s mixed-use configuration delivers the perfect blend of residential stability and commercial performance, making it ideal for both seasoned investors and 1031 exchange buyers.
This is a rare chance to acquire a cash-flowing Bronx building backed by strong tenancy, consistent rent roll, and significant neighborhood demand.
Investment highlights
Investment Highlights
Strong Commercial Income: Property generates $16,500 per month from commercial tenants, providing immediate, stable cash flow.
Mixed-Use Asset: Six-story building with a blend of residential and commercial units, offering diversified income streams and reduced risk.
Prime Bronx Location: Situated in the East Tremont section, a high-demand rental market with strong foot traffic and robust tenant demand.
Value-Add Potential: Opportunity to increase revenue through residential upgrades, improved management, and potential rent optimization.
Solid Building Structure: Approx. 15,070 sq ft building on a 3,510 sq ft lot; built in 1931, offering long-term durability.
Transit Access: Close proximity to major subway lines, bus routes, and key retail corridors, supporting strong tenant retention.
Attractive for 1031 Buyers: Reliable in-place income with upside makes this a strong fit for exchange buyers seeking immediate yield.
Stable Residential Demand: Multifamily units in the area experience historically low vacancy rates and consistent tenancy.
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