Potential Development Site For Sale R8, Multi family home with steady income.


Property

Website: https://www.nestseekers.com/5328023
Address:
New York, NY 10457
Ownership: For Sale
Type: Unknown
Bedrooms: 11 BR
Bathrooms: 7
Lot Size: 0.1 Acres

Financials

Price:$1,390,000
Annual Taxes:$2,100

Description

Potential Development Site For Sale (R8), Multi family home with steady income. Viewing by appointment only, email 48 hours in advance to confirm. Lot Size: 25 ft x 95 ft Year Built: 2007 Bedrooms: 11 total • Main House: 9 bedrooms, 6 full baths (occupied by 3 families, spanning from 1st to 3rd floor) • Basement: 2 bedrooms, 1 bath (currently not occupied) • Livable area: 4,400 sq. ft. Features: • Backyard: Yes • Parking: 2 spots in the front yard • Expansion Potential: House can be expanded utilizing the front yard and backyard space • Zoning: R8 (High potential for build up) Financials: • 421a Tax Abatement: 25 years starting from the 2nd half of 2021 • Separate Gas and Electric Meters Recent Upgrades: • Gas valves and thermocouples were newly replaced • No major repairs needed Additional Information: • Attendee panel closed • Basement has a separate entrance and it is connected to the backyard • The area is proximate to employment centers, houses of worship, schools, local shopping, and amenities • Each units are well maintained • Neighborhood trends are well established with good development potential Additional Information: ParkingFeatures:2 Car Attached,

Amenities

  • Near Public Transit
  • Trash Collection Public

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of R New York