811 Courtlandt Avenue
Bronx, NY 10451
7
Bed
4
Bath
0.06Acre(Lot)
Welcome to Concourse Village, a rare, fully renovated mixed-use investment opportunity in one of the Bronx's most accessible neighborhoods. This versatile building features three updated residential units totaling 7.5 bedrooms and 3.5 bathrooms, plus a modernized ground-floor commercial space, and will be delivered fully vacant at closing — giving the new owner immediate flexibility to lease at market, occupy, or reposition the asset. This is an ideal opportunity for developers, owner-users, and investors seeking a clean slate in a high-demand corridor. Priced at $1,450,000 with a projected net operating income of $120,894, the property delivers a projected cap rate of 8.34% — well above the typical Bronx multi-family benchmark — and a projected cash-on-cash return of 12.91%, based on 20%
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Basement: Partially Finished, Walk-Out Access -
Interior Features
Recessed Lighting Laundry Features: In Basement, Laundry Room -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Wall/Window Unit(s)
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Building Information
Year Built: 1920 Building Area Total: 2760 Construction Materials: Brick, Vinyl Siding Private Pool: No
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Lot Information
Lot Size Acres: 0.0562 Lot Size Square Feet: 2450
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Listing Price Information
Listing Price: $1449999
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Tax Information
Parcel Number: 02418-0021 Annual Tax: $2218
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Parking Information
No Garage, None
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School Information
Elementary School: Contact AgentJunior High School: Call Listing AgentSenior High School: Contact Agent -
Utility Information
Natural Gas Available, Electricity Available -
Location Information
WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 757 Elton Avenue, Bronx, NY, 10451 | $1,400,000 | 6 | 4 | -- | |
| 841 Courtlandt Avenue, Bronx, NY, 10451 | $1,050,000 | 6 | 4 | -- |
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ByOwner last updated this listing 06/22/2026 @ 05:37
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