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2328 University Avenue

Bronx, NY 10468
  • $5,000,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 916517
$5,000,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1916
County:
Area:

School Ratings & Info

Description

Welcome to a prime investment opportunity in the heart of University Heights, Bronx, NY. This well-maintained, 11-unit rent stablized building at 2328 University Avenue offers a spacious interior totaling 17,000 square feet of living space. With plenty of room for growth and the potential for future development, this property is an ideal choice for long-term investors looking to capitalize on the continued growth and revitalization of the Bronx. The Total Square Footage provides expansive apartments that offer comfortable living for tenants. The building features a new heating system and a recently replaced roof, ensuring reliable operation and minimal future maintenance costs.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-10T00:17:12.263.
www.selectyournexthome.com/homes/168191963
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2328 University Avenue Bronx, NY 10468

  • Price: $5,000,000
  • Status: Active
  • On Site: 77 Days
  • MLS #: 916517
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1916
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
Property Description
Welcome to a prime investment opportunity in the heart of University Heights, Bronx, NY. This well-maintained, 11-unit rent stablized building at 2328 University Avenue offers a spacious interior totaling 17,000 square feet of living space. With plenty of room for growth and the potential for future development, this property is an ideal choice for long-term investors looking to capitalize on the continued growth and revitalization of the Bronx. The Total Square Footage provides expansive apartments that offer comfortable living for tenants. The building features a new heating system and a recently replaced roof, ensuring reliable operation and minimal future maintenance costs.
Exterior Features

Construction Materials Brick Parking Features Off Street Property Attached YN Yes Stories 5 Stories Total 5 Waterfront YN No

Interior Features

Basement Details FullStorage SpaceUnfinishedWalk-Out Access Basement YN Yes Cooling Wall/Window Unit(s) Elevator YN No Number Of Heat Units 1 Number Of Heating Zones 11

Property Features

Annual Rental Income 202330 Building Area Total 18700 Business Type CommercialResidential Financial Year 2019 Gross Income 202330 Heating Natural GasOil Lot Size Area 4531 Net Operating Income 64431 Number Of Residential Units 11 Number Of Separate Electric Meters 11 Number Of Separate Gas Meters 11 Operating Expense 137899 Permitted Uses MixedResidential Property Condition Updated/Remodeled Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 44967 Tax Source Municipality Usable Area 17070.00 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedTrash Collection PublicWater AvailableWater Connected Water Source Public Zoning R7-1

Listing courtesy of Christopher Ortiz of EXP Realty: 888-276-0630
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2025-12-10T00:17:12.263.
 
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