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309 Bedford Park BLVD Bronx, NY 10458
19 Beds
8 Baths
2,517 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Bedford Park
MLS Listing ID 1065198
Bedrooms 19
Full Baths 8
Rental Info No
Year Built 1910
Annual Tax Amount $21,412
Lot Size 2,517 Sqft
Acres 0.0578
Property Sub-Type Quadruplex
Source onekey2
Property Description
Owner offering owner financing at a 6% rate with 15% down payment with good credit. Will consider all offers.
Approximately 8 years ago, the property underwent a full gut renovation with extensive upgrades completed throughout the entire building. Improvements included new drywall, upgraded electrical systems and fixtures, renovated kitchens and bathrooms, upgraded windows, a new roof, new furnaces and hot water heaters, updated heating elements, and new gas piping. These renovations significantly modernized the property while enhancing operational efficiency and reducing future maintenance exposure.
Ownership has continued to meticulously maintain and improve the building since the renovation. All utilities are fully separated, with each unit featuring its own individual gas furnace and separate hot water heater, totaling 5 independent heating systems throughout the property. Additional capital improvements include newly installed concrete and drainage piping completed just 2 years ago, further strengthening the building's infrastructure and long-term reliability.
The property has also benefited from proactive upgrades completed in anticipation of evolving NYC building requirements. Ownership recently installed a new sidewalk curb valve for emergency water shutoff access, professionally de-clogged the main water line, and installed new shutoff valves in the utility room to improve operational functionality and management efficiency.
The building offers additional upside and future income growth potential. The 1st, 2nd, and 3rd floor units are currently occupied by a daycare operation, providing stable occupancy with the possibility to further increase cash flow depending on future leasing strategy and use configuration.
Combining strong building systems, oversized unit layouts, and a prime Bronx location near transportation, shopping, schools, parks, and major thoroughfares, this stone and brick asset represents an ideal addition to any investor's portfolio. The property is also located within an R7A zoning district, allowing for approximately 2,676 square feet of additional buildable area, creating valuable long-term development and expansion potential.
Location
State NY
County Bronx County
Rooms
Basement Finished, Full, See Remarks, Walk-Out Access
Interior
Interior Features High Ceilings, Storage, Walk-In Closet(s)
Heating Hot Water, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Concrete, Hardwood, Laminate, Wood
Fireplace No
Laundry Common Area
Exterior
Parking Features On Street
Fence Back Yard, Perimeter
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
View Neighborhood
Garage false
Building
Lot Description Back Yard
Sewer Public Sewer
Water Public
Structure Type Brick,Stone
Schools
Elementary Schools Ps/Ms 20 Po George J Werdan Iii
Middle Schools Jhs 80 Mosholu Parkway (The)
High Schools Bronx 10
School District Bronx 10
Others
Senior Community No
Special Listing Condition None
