MLS#1002226
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBronx 7
Property Description
Located in the highly desirable Bedford Park/Norwood section of the The Bronx, this well-maintained 4-story stone and brick construction multifamily building offers an exceptional investment opportunity with a total of 5 oversized residential units spanning approximately 7,400 square feet. 4 spacious apartment features 5 bedrooms and 2 full bathrooms each and ground floor features 2 bedrooms and 2 bathroom, providing strong rental appeal and strong income-producing potential.The property underwent a full gut renovation approximately 8 years ago, during which ownership completed extensive upgrades throughout the entire building, including new drywall, upgraded electrical systems and fixtures, new kitchens and bathrooms, upgraded windows, an upgraded roof, new furnaces and water heaters, heating elements, and new gas piping. These improvements significantly modernized the property while enhancing long-term efficiency and reliability.The building has also been meticulously maintained and thoughtfully upgraded since the renovation. All utilities have been fully separated, with each unit equipped with its own individual gas furnace and separate hot water heater, totaling 5 furnaces throughout the building. Major infrastructure improvements include new concrete and drainage piping installed just 2 years ago, helping ensure long-term reliability and reduced maintenance concerns.Ownership has proactively completed additional capital improvements to stay ahead of evolving NYC building requirements, including the recent installation of a new sidewalk curb valve for emergency water shutoff access. The main water line has been professionally de-clogged, and new shutoff valves were installed in the utility room for improved functionality and management efficiency.The building also offers potential for increased cash flow and future upside. The 1st, 2nd, and 3rd floor units are currently occupied by a daycare operation, providing stable occupancy and additional income can be obtained depending on future use and leasing strategy.This stone and brick building combines strong building systems, spacious unit layouts, and a prime Bronx location near transportation, shopping, schools, parks, and major thoroughfares, making it an ideal addition to any investor's portfolio with added value potential. R7A zoning allows for an additional 2,676 sq feet of buildable space for increased future potential.
Property Features
Property Type: Commercial -
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.06 Acres
Stories: 4.0
Taxes: $21,308
Year Built: 1910
Feature Descriptions
Appliances: Convection Oven, Cooktop, Gas Cooktop, Gas Oven, Gas Range, Oven, Gas Water Heater
Building Area Total: 7400
Building Features: Walk Up
Exterior: Stone
Fencing: Back Yard, Perimeter
Flooring: Hardwood, Tile, Vinyl
Fuel Expense: 0
Heating Units: 5
Heating Zones: 5
Lot Features: Back Yard
On Market Date: 2026-05-20
Parcel Number: 03292-0067
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Security Features: Building Security, Fire Escape, Other, Smoke Detector(s)
Seller Concession: Yes
Separate Electric Meters: 6
Separate Gas Meters: 5
Sewer: Public Sewer
Special View Info: Neighborhood
Units: 5
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Water: Public
Local Schools
School District: Bronx 7
Listed By / Shown By
Listing By
Agency Name: Houlihan Lawrence Inc.
Agency Contact: 914-337-0400
Shown By
Agent Name: Paula Baichoo
Agent Phone: (347) 640-1435
Agency Title: Coldwell Banker American Homes
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309 Bedford Park Boulevard | MLS# 1002226
This commercial property located at 309 Bedford Park Boulevard , Bronx, NY 10458 is currently listed for sale with an asking price of $3,500,000. Bedford Park Boulevard is located within the Bronx 7 school district. Search Bronx real estate on paulabaichoo.cbamhomes.com today.