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309 Bedford Park Boulevard, 
Bronx, NY 10458

$3,500,000


19

Beds


8

Baths


7,400

Sq Ft


Multi-Family

Active

Listed by

Renato Nikolla

Houlihan Lawrence Inc.

Last updated:

October 31, 2026, 03:11 PM

MLS#

1065198

Source:

OneKey MLS

About This Home

309 Bedford Park Boulevard

Welcome to your next investment opportunity! Located in the desirable Bedford Park/Norwood section of the The Bronx, this well-maintained 4-story stone and brick multifamily building presents an exceptional investment opportunity. Spanning approximately 7,400 square feet, the property consists of 5 oversized market rent residential units, including three expansive 5-bedroom, 2-bathroom apartments, one 4-bedroom, 2-bathroom unit and one ground-floor 2-bedroom, 2-bathroom unit. The large layouts provide strong rental demand and excellent long-term income-producing potential. All units are market rent with yearly leases ending in March 2027. Owner offering owner financing at a 6% rate with 15% down payment with good credit. Will consider all offers. Approximately 8 years ago, the property underwent a full gut renovation with extensive upgrades completed throughout the entire building. Improvements included new drywall, upgraded electrical systems and fixtures, renovated kitchens and bathrooms, upgraded windows, a new roof, new furnaces and hot water heaters, updated heating elements, and new gas piping. These renovations significantly modernized the property while enhancing operational efficiency and reducing future maintenance exposure. Ownership has continued to meticulously maintain and improve the building since the renovation. All utilities are fully separated, with each unit featuring its own individual gas furnace and separate hot water heater, totaling 5 independent heating systems throughout the property. Additional capital improvements include newly installed concrete and drainage piping completed just 2 years ago, further strengthening the building’s infrastructure and long-term reliability. The property has also benefited from proactive upgrades completed in anticipation of evolving NYC building requirements. Ownership recently installed a new sidewalk curb valve for emergency water shutoff access, professionally de-clogged the main water line, and installed new shutoff valves in the utility room to improve operational functionality and management efficiency. The building offers additional upside and future income growth potential. The 1st, 2nd, and 3rd floor units are currently occupied by a daycare operation, providing stable occupancy with the possibility to further increase cash flow depending on future leasing strategy and use configuration. Combining strong building systems, oversized unit layouts, and a prime Bronx location near transportation, shopping, schools, parks, and major thoroughfares, this stone and brick asset represents an ideal addition to any investor’s portfolio. The property is also located within an R7A zoning district, allowing for approximately 2,676 square feet of additional buildable area, creating valuable long-term development and expansion potential.

Home Facts

Multi-Family

8 Baths

19 Bedrooms

Built in 1910

Price Summary

3,500,000

$472 per Sq. Ft.

MLS #:

1065198

Last Updated:

October 31, 2026, 03:11 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

19

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8


Structure

Structure

Building Area:

7,400 Sq. Ft.

Year Built:

1910


Lot

Lot Size (Sq. Ft):

2,519


Finances & Disclosures

Finances

Price:

$3,500,000

Price per Sq. Ft:

$472 per Sq. Ft.

Source:OneKey MLS
Copyright 2026 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.