New York, NY 10458

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 2
Pets: Pets No
Lot Size: 0.06 Acres

Financials

Price:$895,000
Annual Taxes:$4,486.60
505 Park Ave, New York, NY 10022
Listing Courtesy of Compass Greater NY, LLC

Description

Prime 2-Family with Development Potential Near Fordham Welcome to 2419-2421 Southern Blvd—a rare 2-family property set up as two individual townhomes, perfectly situated just steps from Fordham University, the Bronx Zoo, the Botanical Gardens, and the heart of Little Italy. This corner of the Bronx is buzzing with energy, and this property sits right in the middle of it all. Each duplex-style unit features private entrances and backyard access, creating a flexible setup for an owner-occupant or investor. With no shared interior space and a proven rental history, this is a turnkey opportunity. Average 2-bedroom rents in the area hover around $2,850/month, excluding utilities, and the layout here allows for even stronger returns. Whether you’re renting long-term or catering to Fordham’s student housing demand, the income potential is real. Zoned R7-1 with over 6,400 sq ft of unused FAR, the property also offers a compelling path for future development. Preliminary renderings suggest the possibility of a 4–5 story building (subject to approvals). Whether you hold and rent, live in one unit, or build upward, this is your moment to invest in one of the Bronx’s most dynamic neighborhoods.

Amenities

  • Back Yard
  • Electricity Available
  • Front Yard
  • Level
  • Natural Gas Available
  • Near Public Transit
  • Near School
  • Near Shops
  • Open Floorplan
  • Open Kitchen
  • Quartz/Quartzite Counters

Prime 2 Family with Development Potential Near Fordham Welcome to 2419 2421 Southern Blvd a rare 2 family property set up as two individual townhomes, perfectly situated just steps from ...


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

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