Rare opportunity to own a detached home in Wakefield sitting on a 50 x 100 double lot that offers multiple development options.


Property

Website: https://www.nestseekers.com/5312205
Address:
New York, NY 10470
Ownership: For Sale
Type: Single Family
Rooms: 8
Bedrooms: 5 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$850,000
Annual Taxes:$5,997.40

Description

Rare opportunity to own a detached home in Wakefield sitting on a 50 x 100 double lot that offers multiple development options. The main level features a living room, dining room, kitchen, and full bathroom. The second level offers three bedrooms and a full bathroom, while the third level includes two additional bedrooms. The finished walkout basement provides two bonus rooms and a full bathroom, offering flexible space for recreation or extended living. Additional highlights include a rear balcony, private driveway, and a two-car garage providing ample parking. Zoned R5A with up to 7,500 buildable square feet (1.5 FAR); you can extend the existing home, add an Accessory Dwelling Unit of up to 700 square feet in the rear, or potentially subdivide the lot to build another two-family home. The zoning also permits a community facility up to 10,000 square feet, making it suitable for uses such as a daycare, medical office, or institutional project. Zoning analysis is shown in the last listing photo. Tons of options here to make this a lucrative investment.

Amenities

  • Balcony
  • Dishwasher
  • Double Pane Windows
  • Eat-in Kitchen
  • Electricity Available
  • Formal Dining
  • Neighborhood
  • Range
  • Refrigerator
  • Storage

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty