Parkchester Real Estate

847 Castle Hill Avenue, Cornell, NY 10473

[Cornell Real Estate, listing number 7278889]
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Description: 7278889
   847 Castle Hill Avenue presents a rare opportunity to acquire a fully vacant mixed-use asset in the heart of the bustling Castle Hill corridor. Situated on a 2,035 square foot lot and offering approximately 2,763 square feet of interior space, this well-maintained property is ideally positioned for investors, owner-users, or 1031 exchange buyers seeking immediate upside. The offering includes a highly visible ground-floor commercial storefront of approximately 500 square feet, perfectly suited for retail, office, or professional use, along with three residential units consisting of a first-floor two-bedroom apartment with direct access to a private fenced backyard, a second-floor two-bedroom apartment, and an additional second-floor one-bedroom apartment. Each residence features a full bathroom, generous natural light, and functional layouts, with select interiors enhanced by modern updates including shaker-style cabinetry. With two occupants currently in the process of vacating, the property will be delivered fully vacant at closing, allowing for immediate lease-up at market rents or seamless owner occupancy. A true value-add opportunity in one of the Bronxâ??s most active and established mixed-use corridors.

Details:
   Families: 4
   Bedrooms: 5
   Bathrooms: 4
   Property Type: House
   Acres: 0.05
   Built: 1920

Financials:
   Price: $1,300,000
   Taxes: $9,238

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