MLS#979535
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBronx 11
Property Description
LEGAL 5 FAMILY! Exceptional opportunity in the heart of the Allerton section of the Bronx-this FULLY VACANT, well-maintained 5-Family offers incredible flexibility for both investors and end-users looking to live in one unit while generating strong rental income from the others. The property consists of four 1-Bedroom units and 1-oversized Studio, all in excellent condition with their own separate utilities, keeping operating expenses efficient and straightforward. With updated mechanicals throughout and a dedicated utility area, this is a low-maintenance, income-producing asset ready for immediate occupancy or lease-up. Delivered completely vacant, allowing you to set market rents from day one or customize occupancy to fit your needs. Ideal for an owner-occupant looking to offset living expenses or an investor seeking a stable, cash-flowing property with long-term upside. Located on a quant, tree-lined street just moments from Pelham Parkway, parks, shopping, and public transportation, offering convenience and strong tenant demand. Turnkey condition, flexible use, and rare vacancy-opportunities like this don't come around often!
Property Features
Property Type: Commercial -
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Lot Size: 0.06 Acres
Taxes: $13,115
Year Built: 1935
Feature Descriptions
Building Area Total: 3360
Exterior: Brick
Fencing: Front Yard
Flooring: Hardwood
Heating Units: 5
On Market Date: 2026-04-01
Parcel Number: 04440-0047
Parking Features: On Street
Rental Term: Monthly
Separate Electric Meters: 6
Separate Gas Meters: 5
Sewer: Public Sewer
Special View Info: City
Units: 5
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
School District: Bronx 11
Listed By / Shown By
Listing By
Agency Name: DeSimone Real Estate
Agency Contact: 516-534-2200
Shown By
Agent Name: Susan Schefler
Agent Phone: (516) 244-6712
Agency Title: Coldwell Banker American Homes
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2527 Matthews Avenue | MLS# 979535
This commercial property located at 2527 Matthews Avenue , Bronx, NY 10467 is currently listed for sale with an asking price of $1,499,000. Matthews Avenue is located within the Bronx 11 school district. Search Bronx real estate on www.susanschefler.com today.