Listed by Yoel Peyamipour from Pomp Realty Advisors Inc

Source: OneKey #898368

2817 Creston Avenue, New York, NY, 10468

$1,500,000

9
2
2244 sq. ft.
2508 sq. ft.

SingleFam

30+ days on the market

What's around 2817 Creston Avenue

About this property

Welcome to 2817 Creston Avenue — a fully renovated, income-producing two-family property located in the heart of the Bronx. Spanning approximately 2,200 square feet, this turn-key building is fully occupied with stable, paying tenants, generating around $8,000 per month in rental income. All units are leased, including CityFHEPS tenants, ensuring reliable payments backed by city subsidy programs. Each unit has been updated with modern finishes and improvements, making this a low-maintenance asset from day one. The property includes a basement, backyard, and outdoor space, offering additional flexibility and future upside. Zoned R8, this site offers rare development potential in the area — with the ability to build up to 15,000 square feet (FAR 6.02), making it a prime candidate for investors or developers looking to expand in a high-demand market. Creston Avenue is situated in a rapidly growing corridor of the Bronx, with strong rental demand and proximity to multiple colleges, hospitals, shopping corridors, and public transportation options.

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