Price Reduced Listing
Description
***WILL BE DELIVERED VACANT*** Welcome to 2108 Arthur Avenue, truly a rare opportunity to own a legal 4 family property consisting of two separate buildings on one lot in the Belmont neighborhood. Spanning a little over 4,692 square feet of living space and located in an R7-1 zoning district, this unique property presents amazing investment, redevelopment, and future expansion potential. The front building is a charming single family duplex featuring 2 bedrooms, 1 full bathroom, a spacious living room, and a large eat in kitchen. The rear building is a 3 family home comprised of a 2 bedroom, 1 bath apartment, a 1-bedroom, 1 bath apartment, and a studio apartment, providing multiple income producing opportunities. Additionally this property includes a massive garage that can be converted into a Accessory Dwelling Unit (ADU), offering the potential for additional living space or a valuable fifth rental unit. A private driveway, gas heat, 4 electric meters and 4 gas meters. Perfectly situated in one of the Bronx's most vibrant neighborhoods, the property is conveniently located near the B and D subway lines, multiple local bus routes, and all major highways, making commuting throughout New York City simple. Enjoy close proximity to Fordham University, the Bronx Zoo, the New York Botanical Garden, Arthur Avenue's world famous restaurants and markets, shopping, parks, and everything Belmont has to offer. Whether you're an investor seeking strong cash flow, a developer looking to maximize the property's R7-1 zoning potential, or an owner occupant looking to offset expenses with rental income, 2108 Arthur Avenue is an exceptional opportunity that rarely becomes available.
Details
| MLS # | 1025290 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 40 |
| Listing Provided By | Prominent Properties Sotheby's | Alexander Fayn |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,692 |
| Garage | 8 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.05 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
| Interior Features | Original Details |
Exterior
| Exterior Features | Mailbox |
|---|---|
| Construction Materials | Other |
| Foundation Details | Other |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Driveway, Garage, On Street, Oversized, Private |
Utilities
| Utilities | Electricity Available, Electricity Connected, See Remarks, Sewer Available, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 9875 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10457 |
| School District | Belmont Preparatory High School |
| Elementary School | Ps 3 Raul Julia Micro Society |
| High School | Belmont Preparatory High School |
| Listing VS Median (in 10457) | |
Price: $1,250,000 low | high Med: $925,000 sqft: 4,692 low | high Med: 5,904 $ / sqft: $266 low | high Med: $157 On site: 40 low | high Med: 228 | |
Market Activity 10457
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10457 |
| School District | Belmont Preparatory High School |
| Elementary School | Ps 3 Raul Julia Micro Society |
| High School | Belmont Preparatory High School |
| Listing VS Median (in 10457) | |
Price: $1,250,000 low | high Med: $925,000 sqft: 4,692 low | high Med: 5,904 $ / sqft: $266 low | high Med: $157 On site: 40 low | high Med: 228 | |
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