New York, NY 10453

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$2,200,000
Annual Taxes:$6,083.08
505 Park Ave, New York, NY 10022
Listing Courtesy of Kingdom Connection Realty LLC

Residential property located in the Morris Heights section of the Bronx is being sold as a development site.

    Description

    Residential property located in the Morris Heights section of the Bronx is being sold as a development site. Approximate lot size of 4,071 square feet located in an R7 zoning district. Preliminary analysis suggests approximately 14,000 to 16,284 buildable square feet, subject to the purchaser's independent verification of zoning, FAR, development potential, and governmental requirements. The property offers potential for multifamily residential development in a neighborhood experiencing ongoing investment in residential and mixed-use properties. Conveniently located near public transportation, major roadways, shopping, schools, and neighborhood amenities. Property to be delivered vacant. Buyers are encouraged to perform their own due diligence regarding zoning, buildability, and intended use.

    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.