2429A E Tremont Avenue, Bronx, NY 10461

Property Description

JUST REDUCED TO ONLY $549K — MOTIVATED SELLER SEEKS FAST ALL-CASH, AS-IS/WHERE-IS SALE! DON'T MISS THIS OPPORTUNITY! WESTCHESTER SQUARE — FREESTANDING COMMERCIAL INVESTMENT/OWNER-USER OPPORTUNITY near the busy E Tremont Ave & Castle Hill Ave intersection! MASSIVE PRICE REDUCTION! This single-story commercial building sits on its own 28' x 67' lot with approx. 1,876 SF of ground-floor commercial space PLUS a substantial finished basement. Currently occupied by an established luxury event-space business on an expired lease/M-T-M tenancy, with the tenant expressing interest in a new lease. Open, versatile commercial layout with excellent street visibility and frontage along the high-traffic E Tremont Ave corridor. Ideal for investors, business owner-users, event/entertainment operators, retail, professional/medical offices, service businesses or other permitted uses. Surrounded by established businesses, restaurants & community services; Bx40, Bx42 & Bx4A buses approx. 1 block away; #6 subway approx. 7–9 short blocks. RARE ADJOINING PROPERTY OPPORTUNITY: Neighboring 2429 E Tremont Ave JUST REDUCED TO $899K, featuring approx. 4,430 SF with two spacious 3BR apartments, VACANT 1,474-SF ground-floor retail/flex space + HUGE finished walk-up attic loft. Together, the properties provide approx. 50' of contiguous E Tremont Ave frontage across two separate tax lots. BUY INDIVIDUALLY OR ACQUIRE BOTH PROPERTIES AS A PACKAGE FOR ONLY $1,400,000! Outstanding opportunity for investors and owner-users seeking residential income, commercial space, leasing upside and repositioning flexibility. Seller may consider vacant delivery, subject to negotiated terms and existing tenancy requirements. SERIOUS BUYERS — ACT FAST!