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


Property

Website:https://www.nestseekers.com/5381728
Address:
New York, NY 10453
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$2,200,000
Annual Taxes:$6,083.08

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.

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Kingdom Connection Realty LLC