288 Cypress Avenue
Property Description
HIGHEST AND BEST DUE END OF DAY 8/10. DELIVERED FULLY VACANT! Welcome to 288 Cypress Avenue, a legal two-family home built in 2000 offering approximately 2,280 square feet of move-in-ready living space in the desirable Mott Haven section of the Bronx. Whether you're looking to house hack, generate rental income, accommodate extended family, or expand your investment portfolio, this versatile property offers exceptional flexibility from day one. The first-floor residence features 2 bedrooms and 1 full bath, while the upper residence offers a spacious 3-bedroom, 1.5-bath duplex with hardwood floors and carpet, a formal living room, a formal dining room, and a recently updated kitchen; perfect for everyday living and entertaining. Additional highlights include private parking, backyard access, separate gas and electric meters for each unit's cooking gas and electricity, annual property taxes under $6,000, a furnace replaced approximately 3 years ago, a hot water heater replaced approximately 4 years ago, and the majority of windows replaced approximately 15 years ago. Eligible for conventional financing and, if financing guidelines permit, FHA and other loan programs, including homebuyer grants. Conveniently located near the Cypress Avenue 6 train station, St. Mary's Park, shopping, restaurants, schools, and the Bruckner Expressway, offering easy access throughout the Bronx and into Manhattan. A rare opportunity to own a fully vacant, newer-construction multifamily home ready for immediate occupancy or leasing at current market rents. All information is deemed reliable but not guaranteed. Buyers are encouraged to independently verify all information, including financing eligibility, with their lender and representatives during the due diligence period.Broker Details
Keller Williams Realty NYC Group (718) 697-6800
MLS ID: 30751 State License Number: 10401253505
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $899,000 |
| No. of Units: | 2 |
| Year Built: | 2000 |
| Opportunity Zone: | No |
| Price per unit: | $449,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-MLSLINY-1028446
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
381 S Main St.
Greenville Boro, Pennsylvania
105 S Walnut St
Blairsville Area, Pennsylvania
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout