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2104 Hughes Ave 5 Unit Apartment Building Offered at $1,500,000 Bronx, NY 10457

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INVESTMENT HIGHLIGHTS

  • Protected Tax Class 2A
  • Five free-market residential units with upsides on rental income.
  • Zoned R6, the property contains 3,750 square feet of existing building area with a maximum buildable potential of 8,177 square feet

EXECUTIVE SUMMARY

Asset CRG Advisors, LLC, has been exclusively retained to market a three-story multifamily property located in the Belmont neighborhood of the Bronx. Sitting on a 2,377-square-foot lot, the building features five residential units across 3,750 square feet, providing a stable foundation for an investor seeking immediate cash flow in one of the borough’s most active rental markets. With a maximum buildable area of 8,177 square feet, the property also offers significant long-term upside for expansion or redevelopment.
Located just off Arthur Avenue—one of New York City’s most celebrated dining and cultural corridors—the property benefits from exceptional neighborhood amenities, including local retailers, markets, schools, and parks. Transit access further enhances its appeal, with the Tremont Avenue station (B & D lines) and multiple bus routes providing direct connections across the Bronx and into Manhattan. This offering represents a rare opportunity for investors or developers looking to secure a well-located asset with both strong in-place potential and future growth possibilities.

ATTACHMENTS

OM

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $205,152 $54.56
Other Income - -
Vacancy Loss - -
Effective Gross Income $205,152 $54.56
Taxes $11,114 $2.96
Operating Expenses $37,979 $10.10
Total Expenses $49,093 $13.06
Net Operating Income $156,059 $41.51

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $205,152
Annual Per SF $54.56
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $205,152
Annual Per SF $54.56
Taxes
Annual $11,114
Annual Per SF $2.96
Operating Expenses
Annual $37,979
Annual Per SF $10.10
Total Expenses
Annual $49,093
Annual Per SF $13.06
Net Operating Income
Annual $156,059
Annual Per SF $41.51

PROPERTY FACTS

Price $1,500,000
Price Per Unit $300,000
Sale Type Investment
No. Units 5
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.05 AC
Building Size 3,760 SF
Average Occupancy 100%
No. Stories 3
Year Built 1931
Zoning R7-1
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38718338

  • Date on Market: 12/9/2025

  • Last Updated:

  • Address: 2104 Hughes Ave, Bronx, NY 10457

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