1933 Marmion Avenue, Bronx, NY 10460

$1,900,000

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List Price
$1,900,000
Days on Market
19
MLS#
1064209
Number Of Families
17
Status
ACTIVE
Lot Size
2500

Property Description

An income-producing multifamily investment opportunity located in the established East Tremont section of the Bronx. This five-story, prewar walk-up property offers 16 rent-stabilized residential apartments, reported superintendent’s quarters, and a commercial component that may provide an additional source of income. Situated on a corner parcel within a densely populated residential neighborhood, the property benefits from its proximity to active commercial corridors, including East Tremont Avenue and Southern Boulevard. These thoroughfares serve as important neighborhood destinations for shopping, dining, convenience retail, and everyday services. The surrounding area features a mix of multifamily apartment buildings, neighborhood storefronts, small businesses, and community amenities. Public transportation access, including nearby 2 and 5 subway services, supports connectivity to other Bronx neighborhoods and Manhattan. With its established rental housing base, potential retail income, and reported 8.5% capitalization rate, 1933 Marmion Avenue presents an opportunity for investors seeking a Bronx multifamily asset with a neighborhood-oriented, mixed-use profile.

Additional Information

Year Built
1921
Stories
5
School District
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Elementary School
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Middle School
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High School
Contact Agent
Total Taxes
38121
Heating
Oil
Parking
On Street
Basement
Finished, Storage Space, Walk-Out Access
Water
Public
Sewer
Public Sewer
Taxes
$38,121

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Listing courtesy of Listing Agent: Fremio X. Zucco (Fremio.Zucco@crrnys.com) from Listing Office: Charles Rutenberg Realty, Inc..

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.