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323 Concord Avenue, Bronx, New York, New York 10454

$874,888

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Property Details

Beds: 6 Baths: 3 Rooms: 12 Neighborhood: Mott Haven Tax Amount: $3997.00 MLS Number: 500451 Bldg Size: 20 x 35 Lot Size: 20 x 80 Lot SqFt: 1600

Property Description

Introducing a distinguished three-family residence offering both refined living and strong financial performance in the rapidly evolving enclave of Mott Haven. Set on a quiet, residential street, this impeccably maintained property delivers an uncommon blend of architectural charm, modern updates, and turnkey investment appeal. The building features three generously scaled, beautifully enhanced units, each boasting upgraded kitchens, contemporary baths and abundant natural light. With all units fully leased to reliable tenants, the property delivers a consistent, market-aligned income stream and an attractive 5% cap rate, making it an exceptional opportunity for investors seeking stability and long-term growth in a high-demand neighborhood. Situated moments from the Bronx waterfront, acclaimed dining and cultural venues, and multiple transit options—including the 2, 5, and 6 trains—this property offers effortless connectivity to Manhattan while preserving the quiet sophistication of a residential block. A rare offering that balances immediate cash flow with future appreciation potential, this Mott Haven three-family stands as a premier asset for the discerning investor. "Fully occupied. Strong returns. A turnkey opportunity not to be missed." Note: some pictures are virtually staged.

Property Type Residential

Property Status: Active

Property Features A/C Unit - Window Microwave Refrigerator Stove Window Treatments Other

Dalia Samouha

Real Estate Broker

Cell: 718.687.7576

Email: [email protected]

Instagram: @idealpropertiesrealty

Location

323 Concord Avenue, Bronx, New York, New York 10454