2429A E Tremont Avenue, Bronx, NY 10461

$749,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$749,000
Status
ACTIVE
MLS#
1061769
Year Built
1940
Acres
0.04

Property Description

WESTCHESTER SQUARE FREESTANDING COMMERCIAL INVESTMENT/OWNER-USER OPPORTUNITY ON BUSY E TREMONT AVE & CASTLE HILL AVE INTERSECTION! Offered at $749,000, this single-story commercial building sits on its own 28' x 67' lot with approx. 1,876 SF ground-floor retail/commercial space + substantial finished basement, currently occupied by a luxury event-space business on an expired lease/M-T-M tenancy that has expressed interest in signing a new lease. Open, flexible layout with excellent visibility/frontage along the high-traffic E Tremont Ave corridor—ideal for an investor, owner-user, event/entertainment operator, retail, professional/medical office, service business or other commercial use, subject to applicable approvals. Surrounded by established businesses, restaurants & community services; Bx40, Bx42 & Bx4A approx. 1 block away and #6 subway approx. 7–9 short blocks. ADJOINING PROPERTY OPPORTUNITY: neighboring 2429 E Tremont Ave separately offered at $1,449,000, featuring approx. 4,430 SF with two residential apartments, vacant ground-floor retail/flex space + large finished walk-up attic loft. Together, the properties offer approx. 50' of contiguous E Tremont Ave frontage and may be purchased AS A PACKAGE for $2,150,000—two adjoining tax lots offering residential income, commercial space, leasing upside and substantial repositioning flexibility. Seller may consider vacant delivery.

Additional Information

Taxes
$13,298
Lot Size
1,876
Heating
Forced Air
Cooling System Type
Central Air
Sewer
Public Sewer
Water Source
Public
Basement
Finished, See Remarks
Elementary School
Ps/Ms 498 Van Nest Academy

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Luis A. Morales Jr (Luis@BronxLiving.com) from Listing Office: eXp Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.