New York, NY 10465

Property

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

Financials

Price:$500,000
Annual Taxes:$947.84
505 Park Ave, New York, NY 10022
Listing Courtesy of Real Broker NY LLC

Rare opportunity to purchase a vacant residential lot on Dean Avenue in the desirable Throgs Neck Country Club section of the Bronx.

Description

Rare opportunity to purchase a vacant residential lot on Dean Avenue in the desirable Throgs Neck/Country Club section of the Bronx. This property is Block 5479, Lot 22, measuring approximately 25 x 100, 2,500 sq ft, and is zoned R3A, a low density residential zoning district allowing single family and two family detached or zero lot line homes, subject to approvals. The property is currently classified as a residential lot and located in Flood Zone X, outside the special flood hazard area. Annual taxes are approximately $948. The adjacent property, 819 Dean Avenue, is also available and can be sold together, creating a stronger development opportunity with additional frontage and lot area. We were told by the architect that development may be possible consistent with R3A zoning guidelines and potential 75% lot coverage, subject to buyer verification and all required NYC approvals. Buyer must perform their own due diligence with their architect, zoning consultant, and NYC Department of Buildings.

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.