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2311 Creston Avenue

Bronx, NY 10468
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Bed 6

Bed

Bath 3

Bath

Acres0.05

Acre(Lot)

Zoned R8, can be delivered vacant! Currently a fully occupied three family investment opportunity in the heart of Fordham Heights, offering immediate cash flow in a prime Bronx location just one block from the 182nd Street Grand Concourse subway station. This well maintained and recently fully renovated property features three spacious two bedroom, one bathroom apartments, each currently rented at $2,762 per month. All units are occupied with tenants in place, providing consistent income from day one. Tenants are responsible for all utilities, contributing to low operating expenses and strong overall performance. The property also includes a full basement with utility access, offering additional functional space and flexibility. Annual expenses remain low, with taxes at $4,087, water at $2 ,000, and common electric at $900, further enhancing the investment appeal. With a 7.4% cap rate, this is an ideal opportunity for investors seeking a stabilized, income producing asset in a high demand rental market. A turnkey investment in a highly accessible and desirable Bronx location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,150,000

AD Id : 76477223

MLS Id : 976499

Beds : 6

Lot Size : 0.05 Acre

Year Built : 1901

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Full, Storage Space
  • Interior Features

    Open Floorplan, Storage
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1901 Building Area Total: 2232 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0507 Lot Size Square Feet: 2207

  • Listing Price Information

    Listing Price: $1150000 Original Price: $1175000

  • Tax Information

    Parcel Number: 03172-0036 Annual Tax: $4086.92

  • Parking Information

    On Street

  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: Grand Concourse to 183rd to Creston WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2308 Morris Avenue, Bronx, NY, 10468 $1,299,999 9 3 --
2587 Sedgwick Avenue #2, Bronx, NY, 10468 $900,000 3 -- --
2291 Loring Place, Bronx, NY, 10468 $1,249,000 9 3 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/06/2026 @ 15:53

MLS: 976499 LISTED BY: Shpresa Camaj, Real Broker NY LLC 855-450-0442 SOURCE: OneKey MLS

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