2897 Dudley Avenue, Pelham BayBronx, NY 10461Price: $1,500,000

  • Price: $1,500,000
  • 4 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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  • $1,500,000List Price

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Exceptional investment opportunity in the heart of Pelham Bay! This well-maintained 8-family brick apartment building offers a strong income-producing asset with an excellent rent roll and outstanding long-term value. The property features a desirable unit mix of six spacious two-bedroom apartments and two one-bedroom apartments, appealing to a wide range of tenants. Adding to its income potential are six private garages, providing an additional revenue stream in this highly sought-after neighborhood. The building has been thoughtfully maintained over the years, with numerous capital improvements including an updated boiler and renovations to many of the kitchens and bathrooms, allowing the next owner to benefit from a property that has been consistently cared for. Ideally located near shopping, restaurants, parks, public transportation, and major highways, this turnkey investment combines stable cash flow with future upside in one of the Bronx's most desirable neighborhoods. Whether you're expanding your portfolio or acquiring your first multifamily investment, this Pelham Bay property is a rare opportunity not to be missed.

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Property Details of 2897 Dudley Avenue, Pelham Bay

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Listed by Fred Palma of Coldwell Banker Signature Prop

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 12, 2026 4:20 PM UTC. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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