Multi Family 2-4 in Bronx County
| MLS Number | 1009747 |
|---|---|
| Address | 2532 Davidson Avenue, Bronx, NY 10468 show map |
| Price | $1,500,000 show mortgage calculator |
| Acres | 0.13762626262626 |
| Year Built | 1920 |
| Est. Sq. Footage | 0 |
| Elementary School | Bronx Stem And Arts Academy |
| Jr High-Middle School | Acad-Personal Ldshp And Excellence |
| High School | Bronx High School Of Science |
| Estimated Taxes | $6,357 |
| Total Apt Units | 3 |
Situated on a prominent 5,890 sq ft corner lot, this 3,614 sq ft, three-family residential property represents a rare, cash-flowing investment in one of the Bronx’s highest-density, most transit-connected corridors. While a deed restriction preserves the property in its current structural configuration, the expansive lot offers exceptional open space, private outdoor utility, and parking potential rarely found in this dense urban pocket. The Fordham submarket demonstrates remarkable residential strength, boasting a 97.25% renter-occupied rate and over 19,000 households in the immediate neighborhood. With local population density exceeding 100,000 residents per square mile, tenant demand remains exceptionally resilient, ensuring durable occupancy and steady cash flow across market cycles. Conveniently located at 2532 Davidson Avenue, the property is anchored by robust neighborhood retail and rapid, multi-line transit access via the 2, 4, 5, and D subway lines. Residents also benefit from immediate proximity to major institutional anchors, including Fordham University, the New York Botanical Garden, and the Bronx Zoo. Value creation is driven by operational upside and interior modernization. Investors can maximize net operating income through targeted unit renovations, updated finishes, and capitalizing on the generous grounds to command premium rents. As a low-maintenance, defensive residential asset in a supply-constrained market, this offering provides dependable yield, immediate cash flow, and strong long-term capital preservation.
Garage
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