1392 Commonwealth Avenue

Bronx, NY 10472

About this property

Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity. The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike. In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use. All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential. With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.

About this property

Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity. The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike. In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use. All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential. With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.

Features and Additional Information

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$1,099,000 Active
1,920 sqft

Presented By Smitchger Realty

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Get in touch today! Phone: 1-845-534-7874
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Z Squared Realty Group
1-919-637-3842
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Area Information

| Bronx County County |

$ 1,099,000
This listing is play_arrow 4.7% higher than the average in the area
$ 1,050,000 in the area
1,920 SqFt
This listing is play_arrow 42.0% smaller than the average in the area
3,310 SqFt in the area
$ 572 $/SqFt
This listing is play_arrow 80.2% more than the average in the area
$ 318 $/SqFt in the area
178 days on site
This listing is play_arrow 6.6% below the average in the area
191 days on site in the area

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Listed By Sayar Uddin
Brokerage: Z Squared Realty Group

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