High-Income Legal 3-Family | Renovated | Strong Cash Flow | R7B Development Potential
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High-Income Legal 3-Family | Renovated | Strong Cash Flow | R7B Development Potential

$1,300,000
2707 Decatur Ave, Bronx, NY 10458
Category
Square feet
3,200 sq ft
Listing type
Property type
City/Town
Borough/County
Neighborhood
ZIP code
10458

Description

Excellent opportunity to acquire a renovated, legal three-family property with strong cash flow and high NOI. The three-story building features three spacious residential apartments, with each unit occupying its own floor.


Apartment 1: 2 bedrooms, 1 bathroom

Apartment 2: 4 bedrooms, 2 bathrooms

Apartment 3: 5 bedrooms, 2 bathrooms


All three units are rented and income producing, offering investors immediate rental income and a strong existing cash-flow profile. The property’s legal three-family configuration, large apartment layouts, and renovated condition make it an attractive investment opportunity with additional upside.


Located in the Bronx, the property is surrounded by parks, restaurants, shopping, grocery stores, and public transportation, offering residents convenient access to everyday amenities and neighborhood attractions.


Development Potential: The property sits on a 25′ x 136′ lot and is located in an R7B zoning district with a residential FAR of 3.0. The existing income-producing property also offers additional development potential, providing an opportunity for an investor or developer to explore future expansion or redevelopment, subject to applicable zoning and building regulations.


Frequently Asked Questions about this house in Bronx

This house is listed at $1,300,000 as of September 18, 2026. The average asking price for properties in Bronx is currently $1,944,444 across 2 active listings.

This house offers 3,200 sq ft at $1,300,000. The current average price per square foot in Bronx is $525/sq ft, with a typical property size of 3,529 sq ft.

Bronx has 2 active for-sale listings, with asking prices ranging from $1,000,000 to $2,888,888. This house is listed at $1,300,000.

Yes, this house in Fordham Heights is currently listed as available for sale as of September 18, 2026. To confirm availability or schedule a viewing, contact the listing agent directly through the inquiry form on this page. All inquiries go directly to the listing agent.

This house in Fordham Heights is 3,200 square feet, listed at $1,300,000. Contact the listing agent for additional details or to arrange a viewing.

Submit your inquiry through the contact form on this page. Your information will be sent directly to the listing agent for this house. LavaZoo does not share or reroute inquiries to third-party agents — all leads go exclusively to the listing agent.

This is an exclusive listing. This house in Fordham Heights also appears on the MLS, with all buyer and tenant inquiries routed directly to the listing agent through LavaZoo — never to a third party.