1549 Selwyn Ave, Bronx, NY 10457

Welcome to 1549 Selwyn Avenue, located in the thriving Claremont section of the Bronx. This property is an outstanding investment opportunity, offering a mixed-use structure combining modern living spaces with the convenience of a medical office leased out by Montefiore Podiatrist. The medical office reimburses approximately 25% of their building expenses. Located in the heart of Claremont, this property enjoys the benefits of urban living with easy access to various amenities and transportation options. Fully detached, durable brick construction that exudes timeless charm. A total of four parking spaces. The property is fully occupied. Residential units are fully renovated, each designed with modern living in mind and dedicated medical office space within the property. This property promises strong income potential. This fully occupied investment blends contemporary residential living with a functional medical office space. Its prime location, solid construction, and substantial income make it an attractive investment for those seeking a reliable source of rental income. The property's R7-1 - FAR allows an additional 5,863.80 buildable SF. Perfect for a savvy developer looking to build up. Property Breakdown Medical Office - $2,653 Unit 1 - 4 Bed 1.5 Bath - $3,000 Unit 2 - 1.5 Bed 1 Bath - $1,885 Unit 3 - 2 Bed 1.5 Bath - $2,885 Parking Monthly Rent Roll (4 Spots) -$745 Total Annual Gross Income - $133,312.56 Total Annual Net Income - $113,411.50 Property Highlights R7-1 - FAR allows an additional 5,863.80 SF info to be verified with an architect. 7.56 Cap Rate Actual 8.7 Cap Rate - Proforma (Reflecting 2024 HPD Payment Standard) 100% Occupancy Montefiore Medical Office