Property Description

1987 Cruger Ave | Rare 2005-Built Fully Renovated 3-Family | Vacant | Parking | Bronxwood / Van Nest Border. One of the few 2005-built three-family homes available in the Bronxwood/Van Nest corridor, where most multifamily inventory consists of significantly older properties. This distinction places the property in a different category of asset quality, condition, and long-term maintenance profile.Unlike many Bronx multifamily homes built 60-100 years ago, this residence offers modern construction, recently completed renovations, covered parking, and fully vacant delivery, providing immediate flexibility for both investors and end-users.While similar three-family properties in the area may trade at lower price points, they are typically older buildings that require significant capital improvements, inherited tenancy structures, or deferred maintenance. In contrast, this property offers a turnkey, low-maintenance opportunity with the ability to establish market rents immediately from day one.Additional highlights include Backyard, 2-car covered parking, updated systems, and a flexible layout, making it well suited for both owner-occupancy strategies and investment purposes.This is a rare opportunity to acquire a newer-construction multifamily asset in a supply-constrained Bronx corridor, offering a level of condition, functionality, and flexibility that is not commonly available in comparable inventory.

Property Features

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