1501 Metropolitan Avenue, 11G, New York, NY, 10462
$260,000
activeBedrooms
1
Bathrooms
1
Sq Ft
634
Year Built
1940
Type
Single Family
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Investor’s dream ! Don’t miss this income-producing one-bedroom condominium in the highly sought-after Parkchester section of the Bronx . This well-maintained unit is being sold with a dependable Section 8 tenant already in place, providing immediate cash flow from day one. The property generates **$3,013 per month in Section 8 rental income**, with payments made in full, offering a stable and reliable investment . No need to search for a tenant—this is a true turnkey opportunity. Conveniently located near public transportation, shopping, restaurants, schools, parks, and major highways, Parkchester remains one of the Bronx’s most desirable communities for long-term rental demand . Whether you’re a seasoned investor or looking to expand your real estate portfolio, this property offers consistent income, strong rental demand, and excellent long-term investment potential. **Highlights:** - One bedroom condominium - Reliable Section 8 tenant in place - $3,013/month rental income - Immediate positive cash flow - Prime Parkchester location - Close to transportation, shopping, dining, and schools - Excellent addition to any investment portfolio . Schedule your private showing today and take advantage of this exceptional income-producing property.
Listed by Mourad Rabii, YCL Real Estate Consulting
Based on information submitted to the MLS GRID as of Aug 6, 2026, 9:55 PM UTC (date and time MLS GRID Data was obtained). 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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