949 Ogden Avenue

Description

949 Ogden Avenue, a rare and highly attractive mixed-use investment opportunity nestled in the vibrant Highbridge neighborhood of the Bronx. This classic six-story brick walk-up, built in 1910, boasts approximately 24 rent-stabilized residential units paired with two commercial storefronts on a prominent, signalized corner lot of about 4,750 square feet. Offering roughly 21,250 square feet of total building space, this well-maintained property provides a solid foundation of steady rental income with strong potential for future growth. Strategically located in Community District 4, the building benefits from excellent access to multiple subway lines (4, B, D), major highways, and the nearby Yankee Stadium, making it a highly desirable location for tenants. The commercial storefronts enjoy excellent visibility and consistent foot traffic thanks to the busy corner location, while the rent-stabilized apartments provide predictable, long-term cash flow in a neighborhood with growing demand. This asset stands out as an ideal investment for those looking to capitalize on the Bronx's ongoing revitalization and increasing property values. With stable tenancy, potential rent increases, and the ability to add value through commercial leasing, 949 Ogden Avenue offers a unique combination of security and upside in one of NYC's most accessible boroughs.