New York, NY 10460

Property

Ownership: For Sale
Type: Single Family
Rooms: 6
Bedrooms: 3 BR
Bathrooms: 1½
Lot Size: 0.1 Acres

Financials

Price:$950,000
Annual Taxes:$2,741.40
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group

Some properties are homes.

Rendering of what could be built there.

Rendering of what could be built there.

Rendering of what could be built there.
Rendering of what could be built there.
Rendering of what could be built there.
Rendering of what could be built there.Rendering of what could be built there.Rendering of what could be built there.

Description

Some properties are homes. Some are opportunities. 2140 Mapes Avenue is both. This detached single-family home sits on an approx. 25' x 145.18' lot (approx. 3,630 SF) in an R7-1 zoning district with a C1-4 commercial overlay, one of the more flexible zoning combinations you will find in the Bronx. The existing circa-1910 brick and vinyl-sided home offers approx. 2,740 SF per public records, along with a deep, private, tree-lined backyard with storage shed. A preliminary zoning analysis indicates approx. 12,487 ZSF of standard residential floor area (3.44 FAR) and up to approx. 18,186 ZSF under a qualifying affordable/UAP scenario (5.01 FAR), subject to applicable requirements. A 4-story test-fit points to roughly 12-14 units, with potential for ground-floor commercial under the overlay. Home needs work, making it ideal for developers, builders and investors ready to add value, or an end user with vision. Close to Bronx Park, shopping and public transportation. Buyer to independently verify all zoning, square footage and development figures. Zoning analysis available upon request.

Amenities

  • Back Yard
  • City Lot
  • Eat-in Kitchen
  • Electricity Connected
  • Interior Lot

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.