New York, NY 10458

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 4
Pets: No Pets Allowed

Financials

Price:$2,299,000
Annual Taxes:$8,687.20
505 Park Ave, New York, NY 10022
Listing Courtesy of Prominent Properties Sotheby's

Exceptional Development Opportunity in the Heart of The Bronx.

Description

Exceptional Development Opportunity in the Heart of The Bronx. Discover an incredible investment and development prospect on a rare corner lot in the highly sought after Bedford Park neighborhood. This unique parcel, zoned R7B, offers exceptional potential with an impressive 140 feet of frontage and 43 feet of depth, providing the ideal canvas for a visionary builder or developer. The existing structure is a 3 family with with over 5,000 of living space featuring three spacious units, each offering 3 bedrooms and 1 bathroom, plus a full walkout basement that adds valuable usability and expansion possibilities. Perfectly positioned near Fordham University, major highways, shopping, and a network of public transportation options, this location attracts strong rental demand and long-term growth potential. An opportunity like this combining location, zoning flexibility, and size is truly hard to find.

Amenities

  • Back Yard
  • Corner Lot
  • First Floor Bedroom
  • Interior Lot
  • Near Public Transit
  • Near School
  • Near Shops
  • Other

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.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.