Multifamily
2037 Hughes Avenue
2037 Hughes Avenue, Bronx, NY 10457
Listing Price: $1,900,000
Investment Overview
2037 Hughes Avenue presents the opportunity to acquire a 26-unit multifamily asset in the Belmont section of the Bronx. The approximately 21,669-square-foot property is fully occupied with no current vacancies, providing immediate and stable in-place cash flow. 2037 Hughes Avenue consists entirely of residential units, with an average monthly rent of approximately $1,815 per unit.
Situated in the heart of the Belmont neighborhood, the property benefits from close proximity to Fordham Road's retail corridor, Bronx Park, the New York Botanical Garden, major healthcare institutions, and numerous national retailers and public transportation options.
Investment Highlights
- 2037 Hughes is a 26-unit multifamily building in the Belmont neighborhood of the Bronx.
- 100% Rent-Stabilized | Zoning: R7-1 | Tax Class: 2
- Convenient access to Bronx Park, the New York Botanical Garden, healthcare facilities, shopping, restaurants, and public transportation.
Listing Price: $1,900,000
Investment Highlights
- 2037 Hughes is a 26-unit multifamily building in the Belmont neighborhood of the Bronx.
- 100% Rent-Stabilized | Zoning: R7-1 | Tax Class: 2
- Convenient access to Bronx Park, the New York Botanical Garden, healthcare facilities, shopping, restaurants, and public transportation.
Investment Overview
2037 Hughes Avenue presents the opportunity to acquire a 26-unit multifamily asset in the Belmont section of the Bronx. The approximately 21,669-square-foot property is fully occupied with no current vacancies, providing immediate and stable in-place cash flow. 2037 Hughes Avenue consists entirely of residential units, with an average monthly rent of approximately $1,815 per unit. Situated in the heart of the Belmont neighborhood, the property benefits from close proximity to Fordham Road's retail corridor, Bronx Park, the New York Botanical Garden, major healthcare institutions, and numerous national retailers and public transportation options.