253 E 206th Street, Bronx

$3,100,000

0 Beds
0 Baths
6,692 Sqft
.06 Acres
0 Garages

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.

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Essential Information
MLS® #884770
Price$3,100,000
Bathrooms0.00
Square Footage6,692
Acres0.06
Year Built2017
TypeCommercial Sale
Sub-TypeMulti Family
StatusActive
Community Information
Address253 E 206th Street
CityBronx
CountyBronx County
StateNY
Zip Code10467
Amenities
UtilitiesElectricity Connected
Interior
HeatingNatural Gas
CoolingNone
Exterior
ConstructionBrick
Additional Information
Date ListedJuly 2nd, 2025
Days on Market15
Listing Details
Listing Courtesy ofBlue Brick Real Estate
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Listing information last updated on July 17th, 2025 at 5:15pm CDT.