New York, NY 10460

Property

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

Financials

Price:$550,000
Annual Taxes:$1,414.80
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

Exceptional opportunity to acquire a vacant residential development lot on the desirable van nest section of the bronx.

Description

Exceptional opportunity to acquire a vacant residential development lot on the desirable van nest section of the bronx. Zoned R5, This property offers excellent potential for a new residential development. Ideal for builders, developers, and investors seeking to capitalize on the continued growth of the Bronx Market. Conveniently located near public transportation, major highways, shopping, schools, parks and local amenities. Property being sold as-is. For R5 Zoning the basic FAR is 1.25 so rough buildable is 2,968 sq ft. is a 25 x 95 vacant lot. Buyer must perform their own due diligence.

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.