253 E 206th Street, Bronx, NY

$3,100,000

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6,692

Square feet

0.06

Acres

About 253 E 206th Street

10-Unit Multifamily – Norwood, Bronx | Owner Financing – Just 15% Down | Below-Market Rents – High Upside Outstanding investment opportunity in the heart of Norwood, Bronx — this 10-unit multifamily building is just 1 block from the D train and steps from shopping, restaurants, hospitals, and major attractions like the Bronx Zoo and New York Botanical Garden. Owner Financing Available – Just 15% Down! Finance up to 85% of the purchase price 5.75% fixed interest rate Skip the banks – flexible seller-backed terms Property Highlights: 10 residential units with strong rental demand Rents are well below market – unlock major income potential Prime Bronx location near transit, Montefiore Medical Center, and commercial corridors Quiet, residential block in a rapidly appreciating neighborhood Perfect for value-add investors, 1031 exchanges, or long-term hold strategies This is a rare chance to acquire a cash-flowing, value-add property with minimal capital upfront and favorable financing terms. Financials and rent roll available upon request.

Features of 253 E 206th Street

MLS® # 884770
Price $3,100,000
Bathrooms 0.00
Square Footage 6,692
Square Footage 2800
Acres 0.06
Year Built 2019
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 253 E 206th Street
City Bronx
County Bronx County
State NY
Zip Code 10467

Amenities

Utilities Electricity Connected
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling None
Fireplace No
Has Basement No

Exterior

Construction Brick

Additional Information

Date Listed July 2nd, 2025
Days on Market 126
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBlue Brick Real Estate
Contact Info718-614-8349

Listing Map

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