321 Soundview AveBronx, NY 10473

For Sale
$798,888

Prime Bronx Mixed-Use, High Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property, located at 321 Soundview Avenue in the Bronx, New York, presents a compelling investment opportunity. The building encompasses a generous 2,075 square feet situated on a 0.03-acre lot. The property's configuration includes two ground-floor retail spaces, currently available for immediate occupancy. These vacant storefronts offer significant potential for lease income generation, allowing new owners to customize tenant selection and lease terms to maximize returns. Above the retail spaces, a residential unit is currently leased, generating a monthly rental income of $2,388. This provides a stable, immediate cash flow stream. The basement area is partially finished, offering additional potential for expansion, storage, or further development to increase the property's overall value and utility. The asking price for this strategically located Bronx property is $798,888. This represents a strong value proposition in a rapidly developing area, offering a blend of immediate income and long-term growth potential. The property's mixed-use nature allows for diverse income streams and adaptability to changing market demands. This is an ideal opportunity for investors seeking a strong return on investment in a vibrant and up-and-coming neighborhood. The vacant retail spaces provide a blank canvas for creative entrepreneurs, while the existing rental income ensures a steady cash flow from day one. Don't miss this chance to acquire a valuable asset in a prime Bronx location.

Property Details for 321 Soundview Ave

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
2,075 SF
Year Built
1940
Lot Size (sq. ft)
1,307 SF

Location Insight

City
Bronx
County
Bronx County
State
New York
Latitude
40.81195
Longitude
-73.85673
321 Soundview Ave, Bronx, New York

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321 Soundview Ave
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