1814 Crotona Ave UNIT 1, Bronx, NY 10457

701 E 175th Street is a six-story, mixed-use multifamily building located on a prime corner lot in the Crotona Park East neighborhood of the Bronx. Built in 1931, this pre-war walk-up property features 24 residential units and 4 ground-floor commercial spaces, blending classic architecture with solid investment fundamentals. The building encompasses approximately 15,070 square feet of gross living area on a 3,510-square-foot lot, situated within an R7-1 zoning district—offering both steady income and future redevelopment potential. All four commercial units are fully leased, generating a strong $16,500 per month in rent, providing a stable and diversified income stream in addition to the residential component. Ideally positioned near Crotona Park, major transit lines, schools, and neighborhood retail, 701 E 175th Street stands as an exceptional investment opportunity in one of the Bronx’s most active and resilient submarkets. This asset offers investors consistent cash flow, long-term upside, and the potential to increase returns through strategic renovations or operational improvements.