239-241 Bedford Park Blvd

Team Lala of RM Friedland is pleased to present the opportunity to acquire two adjacent brick, mixed-use buildings (on one parcel) located on the northeast side of Bedford Park Boulevard just southeast of Valentine Avenue in the Bedford Park section of the Bronx.

The property consists of 12 two-bedroom railroad-style apartments and four retail storefronts. All stores have their own water, gas and electric meters (billed separately) and each has an independent hot water supply as well. Features include floor through apartments with multiple egresses, a silver-coated rubber roof, and a #2 fuel oil steam boiler (very low pressure) with above ground tanks operated by a remote monitoring Entech control with 17 system and apartment sensors (for efficient operation). All meters are located in the basement.

Additionally, the entire property is wired for Verizon FiOS and there is a large unused and unoccupied basement space. Tenants enjoy the convenience and safety of living on a busy corridor. There is an MTA #4 train station located three blocks away at Bedford Park Boulevard and Jerome Avenue. Retail in this area is sparse and typically 'grandfathered' into residential zoning, making for higher demand and less leasing availability.