2532 Davidson Avenue, Bronx, NY 10468

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List Price
$1,500,000
Days on Market
125
MLS#
1009747
Status
ACTIVE
Property Type
Triplex
Style
Contemporary
Year Built
1920
Property Tax
$6,356
Neighborhood
Bronx
School District
Bronx 10
High School
Bronx High School Of Science
Jr. High
Acad-Personal Ldshp And Excellence
Elementary School
Bronx Stem And Arts Academy

Property Description

Situated on a prominent 5,890 sq ft corner lot, this 3,614 sq ft, three-family residential property represents a rare, cash-flowing investment in one of the Bronx’s highest-density, most transit-connected corridors. While a deed restriction preserves the property in its current structural configuration, the expansive lot offers exceptional open space, private outdoor utility, and parking potential rarely found in this dense urban pocket. The Fordham submarket demonstrates remarkable residential strength, boasting a 97.25% renter-occupied rate and over 19,000 households in the immediate neighborhood. With local population density exceeding 100,000 residents per square mile, tenant demand remains exceptionally resilient, ensuring durable occupancy and steady cash flow across market cycles. Conveniently located at 2532 Davidson Avenue, the property is anchored by robust neighborhood retail and rapid, multi-line transit access via the 2, 4, 5, and D subway lines. Residents also benefit from immediate proximity to major institutional anchors, including Fordham University, the New York Botanical Garden, and the Bronx Zoo. Value creation is driven by operational upside and interior modernization. Investors can maximize net operating income through targeted unit renovations, updated finishes, and capitalizing on the generous grounds to command premium rents. As a low-maintenance, defensive residential asset in a supply-constrained market, this offering provides dependable yield, immediate cash flow, and strong long-term capital preservation.

Additional Information

Acres
0.14
Parking
Detached, Driveway, Garage, Oversized, Parking Lot, Private, Unpaved
Basement
Finished, Full, Walk-Out Access
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Al Morrobel (al.morrobel@locqube.com) from Listing Office: Locqube New York, Inc..

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.