2897 Dudley Avenue, Bronx, NY 10461
Bronx County
Key Facts
Description
Exceptional investment opportunity in the heart of Pelham Bay! This well-maintained 8-family brick apartment building offers a strong income-producing asset with an excellent rent roll and outstanding long-term value. The property features a desirable unit mix of six spacious two-bedroom apartments and two one-bedroom apartments, appealing to a wide range of tenants. Adding to its income potential are six private garages, providing an additional revenue stream in this highly sought-after neighborhood. The building has been thoughtfully maintained over the years, with numerous capital improvements including an updated boiler and renovations to many of the kitchens and bathrooms, allowing the next owner to benefit from a property that has been consistently cared for. Ideally located near shopping, restaurants, parks, public transportation, and major highways, this turnkey investment combines stable cash flow with future upside in one of the Bronx's most desirable neighborhoods. Whether you're expanding your portfolio or acquiring your first multifamily investment, this Pelham Bay property is a rare opportunity not to be missed.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1941
Living Area
7,200 sq ft
Days on Market
1
MLS® Listing#
1023558
Property Features
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$20,723
Parcel Number
053780040
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $572,381
- Median Listing Price
- 70
- Median Days on Market
- 1,211
- Median Sq Ft
- $377
- Median Price / Sq Ft
- 1,243
- Active Listings
- This home’s price is 162% above the area median.
- Its price per sq ft is 45% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
Points of Interest in Bronx, NY
Showing the Bronx area map.
Nearby Schools
Kiderific Nursery School
School · 0.2 mi away
Steppingstone Day School
School · 0.3 mi away
Schuylerville Preparatory High School
Secondary · 0.3 mi away
Pelham Lab High School
Secondary · 0.3 mi away
Herbert H Lehman High School
Secondary · 0.3 mi away
Pathways To Graduation
Secondary · 0.3 mi away
Renaissance High School
Secondary · 0.3 mi away
PS 721 Steven McSweeney School
Secondary · 0.3 mi away
P721x - Main Site
Secondary · 0.3 mi away
Bronx River High School
Secondary · 0.3 mi away
P. S 071 Rose E Scala
Elementary · 0.4 mi away
Earl Monroe New Renaissance Basketball School
Secondary · 0.4 mi away
Teddy Bear Club
School · 0.5 mi away
GVC
School · 0.5 mi away
PS 14
Elementary · 0.5 mi away
St. Theresa School
School · 0.6 mi away
PS 12
Secondary · 0.6 mi away
Greek American Institute
Secondary · 0.7 mi away
Hospital Schools Program
School · 0.7 mi away
Home Instruction
School · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2132 Edenwald Avenue, Bronx, NY | $1,050,000 | — | 2 | 3,177 |
| 2471 B crotona Avenue, Bronx, NY | $1,050,000 | — | — | — |
| 3303 Palmer Avenue, Bronx, NY | $1,050,000 | 7 | 5 | 3,724 |
| 440 E 186TH ST, Bronx, NY | $1,050,000 | 8 | 3 | — |
| 1309 Herschell Street, Bronx, NY | $1,050,000 | 8 | 3 | 2,016 |
| 1320 Clay Avenue, Bronx, NY | $1,050,000 | 8 | 3 | 2,304 |
Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: Coldwell Banker Signature Prop - 9146822200
Presented by: Fred Palma
Fair Housing Notice