1248 Castle Hill Avenue

$2,100,000
Price
Beds
3
Baths
3,600 Sq. Ft.
$583 / Sq. Ft.
3,600
Sq. Ft.
$583
per Sq. Ft.

Description

Looking for 5.1 cap rate?? then look no further! This unique 6 unit Mix use building w/huge upside potential is ready to go! 3 Commercial units and 3 residential units. Don't miss out on this golden opportunity to seize a slice of this high traffic property located in the Bronx's thriving community of Castle Hill/ Parkchester area. This property is poised for growth and sustainability. The residential units are 2-two bedrooms, 1-one bedroom. The commercial spaces are fully operational. The main anchor...Looking for 5.1 cap rate?? then look no further! This unique 6 unit Mix use building w/huge upside potential is ready to go! 3 Commercial units and 3 residential units. Don't miss out on this golden opportunity to seize a slice of this high traffic property located in the Bronx's thriving community of Castle Hill/ Parkchester area. This property is poised for growth and sustainability. The residential units are 2-two bedrooms, 1-one bedroom. The commercial spaces are fully operational. The main anchor tenant is a Beautiful Roti Guyanese restaurant, then a Beauty Salon with heavy clientele and last but not least a Security office that serves the community for all of latest security surveillance installation. call for set up. Serious inquiries only. NO Leases!

Property Details for 1248 Castle Hill Avenue

Garage Spaces
.00
LISTING UPDATED: 10/17/2024 08:35 AM

Property Details for 1248 Castle Hill Avenue

StatusActive
MLS IDH6332996
Days on Market62
Taxes$20,821 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1925
Lot Size1,681 SF / 23' x 73'
CountyBronx County

Building

1248 Castle Hill Ave

6 Units3 StoriesBuilt in 1925

Building Information for 1248 Castle Hill Avenue

Stories3Residences6Year Built1925Building Size20' x 60'Building Sq. Ft3,600 SFLot Size1,681 SF / 23' x 73'Building Age-Building Type-

Property Information for 1248 Castle Hill Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Waze to Castle Hill and Newbold Avenue
  • Year Built Source: Owner
  • Property Attached: No
  • Structure Type: false
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: City of New York
  • Elementary School District: City of New York
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: City of New York
  • Middle Or Junior School: Call Listing Agent
  • High School District: City of New York
  • High School: Call Listing Agent
Unit Information
Unit Information
  • Building Units Total: 6
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03822-0010
  • Tax Map Number: 03822-0010
  • Tax Assessed Value: $494,000.00
Interior and Exterior Features
Interior Features
  • Amenities: Public, See Remarks
  • Living Area: 3600.0
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: On Street, Corner Lot
  • Elevation Certificate: No
  • Construction Materials: Brick
Lot Information
  • Lot Features: Corner Lot
  • Site Features: Corner Lot
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Wall Unit(s)
  • Heating: Natural Gas, Other, Hot Water, See Remarks
  • Heat Fuel Type: Natural Gas, Other, Hot Water, See Remarks
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer,Other
  • Water Source: Public,See Remarks
  • Number Of Separate Electric Meters: 7
Green Features
  • Green Features: Natural Gas, Other, Hot Water, See Remarks

Property History for 1248 Castle Hill Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1248 Castle Hill Avenue

Taxable ValueLand$131,400Additions$108,450Total$239,850
Home Facts
Total Finished SqFt3,600 SqFtLot Size1,683 SqFtYear Built1925ZoningR5APN2038220010

Schools near 1248 Castle Hill Avenue

This home is within New York City Geographic District # 8.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 36 Unionport
PublicPK to 5

Jhs 125 Henry Hudson
Public6 to 8

Herbert H Lehman High School
Public9 to 12

Pugsley Preparatory Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1248 Castle Hill Avenue is a multi-family home for sale in Unionport. This property was listed for sale on October 17, 2024 by Cohen and Cohen Consulting, it's currently listed at $2,100,000. This listing's school district is New York City Geographic District # 8. Nearby schools include P.S. 36 Unionport, Jhs 125 Henry Hudson and Herbert H Lehman High School. 1248 Castle Hill Avenue is a 0-bed, 3-bath, 3,600 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cohen and Cohen Consulting

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.