2429 E Tremont Avenue, Bronx, NY 10461

Property Description

JUST REDUCED TO ONLY $899K — MOTIVATED SELLER SEEKS FAST ALL-CASH, AS-IS/WHERE-IS SALE! ACT NOW! WESTCHESTER SQUARE — EXCEPTIONAL MIXED-USE INVESTMENT/OWNER-USER OPPORTUNITY near the busy E Tremont Ave & Castle Hill Ave intersection! MASSIVE PRICE REDUCTION! This 3-story mixed-use building offers approx. 4,430 SF on a 22' x 67' lot with a 1,474-SF footprint, featuring two spacious 3BR apartments, VACANT 1,474-SF ground-floor retail/flex space, plus a HUGE finished private walk-up attic loft with front & rear terrace-like porches, baseboard heat & HVAC. The vacant storefront features large display windows, excellent visibility and flexible space ideal for retail, professional/medical office, service business or other permitted uses. Existing residential income plus immediate commercial leasing/owner-user potential! Prime high-traffic commercial corridor surrounded by shops, restaurants & neighborhood services; Bx40, Bx42 & Bx4A buses approx. 1 block away; #6 subway approx. 7–9 short blocks. RARE ADJOINING PROPERTY OPPORTUNITY: Neighboring 2429A E Tremont Ave JUST REDUCED TO $549K, offering approx. 1,876 SF ground-floor commercial space + substantial finished basement, currently occupied by a luxury event venue on an expired lease/M-T-M tenancy. Together, both properties offer approx. 50' of contiguous E Tremont Ave frontage. BUY INDIVIDUALLY OR ACQUIRE BOTH PROPERTIES AS A PACKAGE FOR ONLY $1,400,000! Incredible opportunity for investors, business owner-users and buyers seeking income, commercial flexibility and repositioning potential. Seller may consider vacant delivery, subject to negotiated terms and existing tenancy requirements. SERIOUS BUYERS — ACT FAST!