340 E 234th St

New York NY 10470

3026 sq. ft.

15000 sq. ft.

Duplex

Currently for sale - view listing

Overview

Discover this beautifully renovated multi-unit residence located in the highly sought-after Woodlawn neighborhood. Offering 3,026 square feet of living space, this impressive property presents an exceptional opportunity for both end-users and investors alike. The first unit features a spacious layout with five bedrooms and three full bathrooms, providing ample room for comfortable living. The second unit includes three bedrooms and two full bathrooms, making it ideal for guests or generating consistent rental income. A fully finished basement adds even more versatility, offering additional space that can be utilized for recreation, storage, or expanded living possibilities. Completing the property is a private driveway, providing convenient and secure off-street parking—an invaluable asset in this desirable Bronx location. This renovated residence blends modern upgrades with flexible layout options, making it a standout opportunity in Woodlawn. Income Potential & Rental Opportunity - Based on current rental trends in the Woodlawn market, the property has the potential to generate approximately $7,200 to $8,200 per month in rental income, equating to an estimated $86,000 to $98,000 annually. Buyers have the opportunity to live comfortably in one spacious unit while renting out the other to significantly offset their mortgage—or lease both units to maximize cash flow and long-term returns. Rental Services Available - Our team provides full rental services after purchase, making it easy for buyers to transition seamlessly into ownership while generating income. Whether you’re an end-user or an investor, this property allows you to build equity, live comfortably, and profit at the same time.

Features

8 bedrooms

5 bathrooms

3026 sq. ft. floor area

15000 sq. ft. lot size

Duplex

Property history for 340 E 234th St

2024

Sold

$855,000

04 Jun 2024 by Amid Baksh, of Besmatch Real Estate

Happy sellers in New York

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