New York, NY 10458

Property

Ownership: For Sale
Type: Duplex
Lot Size: 0.0 Acres

Financials

Price:$999,999
Annual Taxes:$15,458.56
505 Park Ave, New York, NY 10022
Listing Courtesy of Millionaire Minds Realty

PRIME MIXED USE INVESTMENT amp ; DEVELOPMENT OPPORTUNITY IN THE BRONX !

Description

PRIME MIXED-USE INVESTMENT & DEVELOPMENT OPPORTUNITY IN THE BRONX! Welcome to 2350 Washington Avenue, a mixed-use commercial property offering tremendous potential for investors, developers, and owner-users. The property currently features two residential units above a ground-floor commercial bar, providing an opportunity for multiple income streams. With M1-4/R7A zoning, this property presents exciting possibilities to renovate, reposition, develop, or potentially rebuild, subject to all applicable zoning, approvals, and regulations. Investors can explore maximizing the property's development potential while also benefiting from its existing mixed-use configuration. Whether your strategy is to create stable long-term rental income, add value through improvements, reposition the commercial space, or pursue a larger development opportunity, 2350 Washington Avenue offers flexibility and upside in the Bronx market. A unique opportunity for investors and developers looking for both immediate income potential and future growth. Buyer and buyer's representatives should independently verify all zoning, allowable uses, development rights, square footage, and potential with the appropriate NYC agencies and professionals.

Amenities

  • Other

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.