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Executive Summary
704-706 E 183rd: a three unit building centrally located in the Bronx. 2 commercial spaces + a three bedroom residential unit upstairs. The residential unit + one of the commercial units will be delivered vacant offering flexibility for a potential owner-occupant. The other commercial space is rented to a barbershop for $1,700 monthly. Ideal for end-users and investors. Located close to the Bronx Zoo, MTA subway and buses, major highways, and shops. The owner is open to seller financing.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$102,000
|
$50.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$102,000
|
$50.40
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $102,000 |
| Annual Per SF | $50.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $102,000 |
| Annual Per SF | $50.40 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,024 SF
Building Class
C
Year Built
1901
Price
$859,000
Price Per SF
$424.41
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,012 SF
Building FAR
1.01
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
R7-1, Bronx, (S0)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ed Barber Shop
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ed Barber Shop | Services | - | - | - |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 03101-0053 | Improvements Assessment | $18,074 |
| Land Assessment | $4,448 | Total Assessment | $22,522 |
Property Taxes
Parcel Number
03101-0053
Land Assessment
$4,448
Improvements Assessment
$18,074
Total Assessment
$22,522
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Contact the Sale Advisor
704-706 E 183rd St



