2311 Creston Avenue

Fordham Heights

$1,200,000
Price
Beds
3
Baths
2,232 Sq. Ft.
$538 / Sq. Ft.
2,232
Sq. Ft.
$538
per Sq. Ft.

Description

Fully renovated 3-family turnkey property near Fordham with a stellar 7% cap rate. Rare opportunity to acquire a 100% occupied multi-family in a prime Bronx location - perfect for both new investors and portfolio expansion.Fully renovated 3-family turnkey property near Fordham with a stellar 7% cap rate. Rare opportunity to acquire a 100% occupied multi-family in a prime Bronx location - perfect for both new investors and portfolio expansion.
  1. Listed by Alexander J. Szikla • eXp Realty BKNY

Amenities

  • Walk Up
  • Parking Included
  • Lowrise
LISTING UPDATED: 11/07/2024 11:12 AM

Property Details for 2311 Creston Avenue

StatusActive
MLS ID487293
Days on Market1
Taxes$4,087 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeResidential
Year Built1901
Lot Size2,207 SF / 19' x 118'
CountyBronx County

Building

2311 Creston Ave

3 Units3 StoriesBuilt in 1901

Building Information for 2311 Creston Avenue

Stories3Residences3Year Built1901Building Size18' x 37'Building Sq. Ft1,998 SFLot Size2,207 SF / 19' x 118'Building Age-Building Type-

Property Information for 2311 Creston Avenue

Summary
Location and General Information
  • Block: 3172
  • Cross Street Name: E 183rd
  • Zoning: R8
  • Roof: Other
  • Residential Features: None
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Assumption, Bank Mortgage, Cash
  • Tax Amount: 4087.0
  • Gross Expense: 16464.0
  • Gross Income: $99,432.00
  • Cap Rate: .07%
  • Gross Lease: 99432.0
Property
Lot Information
  • Sq Ft Total: 2232
  • Yard: None
  • Lot Number: 36
  • Lot Size Irregular YN: No
  • Lot Size Length: 117
  • Lot Size Width: 18
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Electric
  • AC Units: 0
  • Hot Water: Electric
  • Utility Expense: 900.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Unfinished, Walk-in, Other
  • Baths Three Quarter: 0.0
  • Foundation Details: Other
  • Flooring: Laminate
  • Unit Count: 1
  • Building Amenities: NONE
  • Construction Materials: Other
  • Electric: 220 V
Exterior Features
  • Exterior: Other
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 666.0
  • Building Length: 37.0
  • Building Type: Attached
  • Building Width: 18.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 3
  • Unit Rooms Total: 2
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 82968.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 3500.0
  • Owner Occupied: No
  • Rent Income: 99432.0

Property History for 2311 Creston 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 2311 Creston Avenue

Taxable ValueLand$9,000Additions$42,780Total$51,780
Home Facts
Total Finished SqFt2,232 SqFtLot Size2,207 SqFtYear Built1901ZoningR8APN2031720036

Schools near 2311 Creston Avenue

This home is within Nyc Geog District #10 - Bronx.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
School For Environmental Citizenship
PublicPK to 5

Theatre Arts Production Company School
Public6 to 12

Creston 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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2311 Creston Avenue is a multi-family home for sale in Fordham Heights. This property was listed for sale on November 7, 2024 by eXp Realty BKNY, it's currently listed at $1,200,000. It has been on the market for a total of 1 days and was last sold on November 17, 2020. This listing's school district is Nyc Geog District #10 - Bronx. Nearby schools include School For Environmental Citizenship, Academy for Personal Leadership and Excellence and Theatre Arts Production Company School. 2311 Creston Avenue is a 0-bed, 3-bath, 2,232 sqft multi-family home built in 1901.

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Listing Courtesy of eXp Realty BKNY

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.