2104 Hughes Ave

Investment Overview

Asset CRG Advisors, LLC, has been exclusively retained to market a three-story multifamily property located in the Belmont neighborhood of the Bronx. Sitting on a 2,377-square-foot lot, the building features five residential units across 3,750 square feet, providing a stable foundation for an investor seeking immediate cash flow in one of the borough’s most active rental markets. With a maximum buildable area of 8,177 square feet, the property also offers significant long-term upside for expansion or redevelopment. Located just off Arthur Avenue—one of New York City’s most celebrated dining and cultural corridors—the property benefits from exceptional neighborhood amenities, including local retailers, markets, schools, and parks. Transit access further enhances its appeal, with the Tremont Avenue station (B & D lines) and multiple bus routes providing direct connections across the Bronx and into Manhattan. This offering represents a rare opportunity for investors or developers looking to secure a well-located asset with both strong in-place potential and future growth possibilities.

Investment Highlights

• Three-story multifamily building featuring five residential units on a 2,377-square-foot lot in the Belmont neighborhood of the Bronx.
• Zoned R6, the property contains 3,750 square feet of existing building area with a maximum buildable potential of 8,177 square feet, offering meaningful upside for future expansion or redevelopment.
• Located in a vibrant, highly sought-after residential district near Arthur Avenue, the property benefits from strong rental demand supported by local shops, restaurants, schools, and community amenities.
• The building offers both immediate income potential and long-term growth opportunities in one of the Bronx’s most active multifamily markets.
• Close to the Tremont Avenue station, served by the B and D subway lines, providing direct access throughout the Bronx and into Manhattan for residents and commuters.