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1687 Jerome Avenue
New York NY 10453

$1,400,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 851277
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Built in 1920
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Lot: 0.04 acre

$1,400,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 851277
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1687 Jerome Avenue Welcome to 1687 Jerome Avenue, a fully renovated mixed-use property located in the heart of the Bronx. This turn-key investment offers strong income potential with minimal expenses, making it an ideal opportunity for both investors and end-users. The ground floor features a retail storefront currently leased to a CPA on a stable five-year lease. Above the retail space are two newly renovated three-bedroom residential units, both delivered vacant and ready for immediate occupancy. The second-floor unit offers spacious living with modern updates, while the third-floor unit includes a private rear patio, perfect for added outdoor enjoyment. The seller has completed full renovations throughout the building and has separated all heating systems for added efficiency and tenant convenience. With very low property taxes and excellent rental demand in the area, this property presents a rare opportunity to own a well-maintained, income-producing asset in a prime Bronx location.

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Property Features

  • Facts
  • Built in: 1920
  • Lot Size: 0.04 acre

Property

  • City: New York
  • Cooling: Central Air
  • CountyOrParish: Bronx County
  • CumulativeDaysOnMarket: 29
  • DaysOnMarket: 29
  • InternetAddressDisplayYN: True
  • InternetEntireListingDisplayYN: True
  • ListingId: KEY851277
  • ListOfficeName: Realty Executives Today
  • ListPrice: 1400000
  • LotSizeArea: 1875
  • ModificationTimestamp: 05/20/2025 14:37:39
  • OriginalEntryTimestamp: 04/21/2025 17:11:37
  • ParcelNumber: 02861-0029
  • PhotosChangeTimestamp: 04/21/2025 17:13:36
  • PhotosCount: 4
  • PostalCity: Bronx
  • PostalCode: 10453
  • PropertySubType: Multi Family
  • PropertyType: Commercial Sale
  • Sewer: Public Sewer
  • StandardStatus: Active
  • StateOrProvince: NY
  • StreetName: Jerome
  • StreetNumber: 1687
  • StreetNumberNumeric: 1687
  • StreetSuffix: Avenue
  • TaxAnnualAmount: 4340.8
  • TaxYear: 2024
  • WaterfrontYN: False
  • WaterSource: Public
  • YearBuilt: 1920
Listing Changed: 5/20/2025 2:37:39 PM GMT
Source Updated Date: 5/21/2025 3:20:55 AM GMT

Courtesy of: Stephanos Lagoudis, Realty Executives Today, rextodayny@gmail.com

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The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.