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1248 Castle Hill Avenue, Bronx, NY 10462
$2,210,000
1248 Castle Hill Avenue, Bronx, NY 10462View this property at 1248 Castle Hill Avenue, Bronx, NY 10462
1248 Castle Hill AvenueBronxNY10462
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Property Description
Looking for 5.1 cap rate?? then look no further! This unique 6 unit Mix use building w/huge upside potential is ready to go! 3 Commercial units and 3 residential units. Don't miss out on this golden opportunity to seize a slice of this high traffic property located in the Bronx's thriving community of Castle Hill/ Parkchester area. This property is poised for growth and sustainability. The residential units are 2-two bedrooms, 1-one bedroom. The commercial spaces are fully operational. The main anchor tenant is a Beautiful Roti Guyanese restaurant, then a Beauty Salon with heavy clientele and last but not least a Security office that serves the community for all of latest security surveillance installation. call for set up. Serious inquiries only. NO Leases!
Full Property Details
Full Property Details for 1248 Castle Hill Ave
General
- Price: $2,210,000
- Taxes: $20,821
- Status: Active
- Type: Commercial
- MLS ID: H6264773
- Updated: 4/13/2024
- Added to Site: 307 day(s) ago
Interior
- Appliances: Oven, Refrigerator
Additional Information
- Improvements: New Roof in 2022 and has been winterized.
Location
- County: Bronx
- Driving Directions: Waze to Castle Hill and Newbold Avenue
School Information
- Elem School District: City of New York
- Midd School District: City of New York
- High School District: City of New York
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Natural Gas, Other, Hot Water, See Remarks
- Water Heater: Gas Stand Alone, See Remarks
Utilities
- Sewer: Public Sewer, Other
- Water: Public, See Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Square Feet: 3,600
- Current Bldg. Use: Mixed Use, Other, Residential
- Year Built: 1925
Lot Features
- Zoning: R5
Financial Considerations
- Tax Amount: $20,821
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Inclusions: Ceiling Fan, Intercom, Refrigerator, See Remarks
- Property ID: 03822-0010
Listed by Cohen and Cohen Consulting
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Schools
Schools serving 1248 Castle Hill Ave
School District:New York City Geographic District # 8
Rating | Name | Grades | Distance |
---|---|---|---|
1070 Castle Hill Ave, Bronx, NY 10472 | PK-5 | 0.3 mi | |
J.H.S. 125 Henry Hudson
1111 Pugsley Ave, Bronx, NY 10472 | 6-8 | 0.4 mi | |
3000 E Tremont Ave, Bronx, NY 10461 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1248 Castle Hill Ave
Date
Details
Price
Change
Source
4/13/2024
Price Reduced
$2,210,000
-3.45%
MLS
12/11/2023
Price Reduced
$2,288,888
-0.43%
MLS
11/17/2023
Price Reduced
$2,298,888
-2.13%
MLS
9/25/2023
Price Reduced
$2,348,888
-0.05%
MLS
8/15/2023
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1248 Castle Hill Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,917
8%
$183,310
8%
2023
$21,220
100%
$169,733
-30%
2022
100%
$242,550
-15%
2021
-100%
$285,300
-9%
2020
$18,151
2%
$311,850
20%
2019
$17,784
16%
$259,740
99%
2017
$15,377
—
$130,564
8%
2017
$15,377
7%
$120,896
8%
2016
$14,431
—
$111,941
—
2015
$14,421
9%
$111,941
3%
2014
$13,202
6%
$108,468
8%
2013
$12,492
—
$100,434
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1248 Castle Hill Ave
1248 Castle Hill Avenue, Bronx, NY 10462 (MLS# H6264773) is a Commercial property. 1248 Castle Hill Avenue is currently listed for $2,210,000 and was received on August 15, 2023. Want to learn more about 1248 Castle Hill Avenue? Do you have questions about finding other Commercial real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.