Located in the vibrant Port Morris section of the Bronx, 143-153 Lincoln Avenue offers a prime investment opportunity with strong growth potential. This well-maintained property spans 12,500 sq. ft. and features six brick, 4-story walk-up buildings with 29 residential units and two commercial spaces. The residential units, a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing steady rental income. The commercial spaces are leased to thriving small businesses. The expansive lot also offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Just one block from the 3rd Avenue Bridge, the property offers easy access to Manhattan and major highways, with the surrounding neighborhood undergoing growth and revitalization. This property is an ideal opportunity for investors seeking both immediate cash flow and long-term value appreciation.
HEART OF SOUTH BRONX FEW BLOCKS AWAY FROM WILLIS AVE BRIDGE TO MANHATTAN AMAZINGLY BUSY HIGH TRAFFIC WILLIS AVE AND E 138TH ST PRIME CORNER LARGE (25X70 BUILDING SIZE) 8 FAMILY +3 STORE MIXED-USE SEMI-DETACHED CORNER BRICK BUILDING BOTH SIDE BUS STOP IDEALLY SITUATED IN ONE OF THE MOST DESIRABLE & SOUGHT-AFTER BRONX LOCATIONS- SURROUNDED BY ALL FORMS OF TRANSPORTATION SUBWAY AND BUS & THRIVING BUSINESSES… AN ABSOLUTELY RARE & OUTSTANDING OPPORTUNITY TO OWN A PRIZED PIECE OF PROPERTY
Property for sale. There is currently a tenant operating a deli/grocery business at the location, only one tenant. This store is approxmately 1350 sq ft large, property also comes with a basement the size of the property and a office area that is two levels in the back of the store. There are also two bathrooms in the property one in the basement and the other on the second floor of the office space. Step into the bustling heart of Bronx's vibrant community with this prime commercial space! Nestled in a sought-after neighborhood brimming with culture and opportunity, this retail gem offers limitless potential. Picture expansive storefront windows inviting in streams of eager customers, while the dynamic local scene ensures steady foot traffic year-round. With easy access to major transportation routes and a diverse array of dining and entertainment options nearby, this is more than just a property—it's a gateway to success in one of New York City's most exciting districts.
The median home value in Bronx, NY is $677,200. This is higher than the county median home value of $453,000. The national median home value is $338,100. The average price of homes sold in Bronx, NY is $677,200. Approximately 30.01% of Bronx homes are owned, compared to 60.51% rented, while 9.48% are vacant. Bronx real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bronx real estate agent to arrange a tour today!
Bronx, New York 10454 has a population of 8,736,047. Bronx 10454 is more family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 21.51%.
The median household income in Bronx, New York 10454 is $70,663. The median household income for the surrounding county is $43,726 compared to the national median of $69,021. The median age of people living in Bronx 10454 is 37.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 46.6 inches per year, with 25.3 inches of snow per year.