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 | 
| Acres | 0.06 | 
| Year Built | 2019 | 
| Type | Commercial | 
| Sub-Type | Multi Family | 
| Status | Active | 
Community Information
| Address | 253 E 206th Street | 
|---|---|
| City | Bronx | 
| County | Bronx County | 
| State | NY | 
| Zip Code | 10467 | 
Additional Information
Listing Details
| Office | Blue Brick Real Estate | 
|---|---|
| Office Contact | 718-614-8349 | 
