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1,875 sqft

$549,000

2429A E Tremont Avenue, Bronx NY, 10461

Price per sqft$292.80
Built in1940
Property size1,875 sqft
Property typeCommercial
Courtesy of eXp Realty, Luis A. Morales Jr Listing Contact: 888-276-0630

Overview

Active

Listed Oct 12, 2026

Updated 3h ago

JUST REDUCED TO ONLY $549K — MOTIVATED SELLER SEEKS FAST ALL-CASH, AS-IS/WHERE-IS SALE! DON'T MISS THIS OPPORTUNITY! WESTCHESTER SQUARE — FREESTANDING COMMERCIAL INVESTMENT/OWNER-USER OPPORTUNITY near the busy E Tremont Ave & Castle Hill Ave intersection! MASSIVE PRICE REDUCTION! This single-story commercial building sits on its own 28' x 67' lot with approx. 1,876 SF of ground-floor commercial space PLUS a substantial finished basement. Currently occupied by an established luxury event-space business on an expired lease/M-T-M tenancy, with the tenant expressing interest in a new lease. Open, versatile commercial layout with excellent street visibility and frontage along the high-traffic E Tremont Ave corridor. Ideal for investors, business owner-users, event/entertainment operators, retail, professional/medical offices, service businesses or other permitted uses. Surrounded by established businesses, restaurants & community services; Bx40, Bx42 & Bx4A buses approx. 1 block away; #6 subway approx. 7–9 short blocks. RARE ADJOINING PROPERTY OPPORTUNITY: Neighboring 2429 E Tremont Ave JUST REDUCED TO $899K, featuring approx. 4,430 SF with two spacious 3BR apartments, VACANT 1,474-SF ground-floor retail/flex space + HUGE finished walk-up attic loft. Together, the properties provide approx. 50' of contiguous E Tremont Ave frontage across two separate tax lots. BUY INDIVIDUALLY OR ACQUIRE BOTH PROPERTIES AS A PACKAGE FOR ONLY $1,400,000! Outstanding opportunity for investors and owner-users seeking residential income, commercial space, leasing upside and repositioning flexibility. Seller may consider vacant delivery, subject to negotiated terms and existing tenancy requirements. SERIOUS BUYERS — ACT FAST!

Additional information

MLS® ID
1061769

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.04 Acres

Other Property Details

Taxes
$13,299
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michael Karlen Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 1:04 AM UTC on 11/5/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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