Prime Bronx Multi Family Conversion Opportunity.
1500 Vyse Avenue
New York, NY 10460
Listing
| Web ID: | 5825007 |
|---|---|
| Website: | https://www.nestseekers.com/5825007 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 8 BR |
| Bathrooms: | 3 |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,595,000
Annual Taxes:$1,243.08
Description
Prime Bronx Multi-Family Conversion Opportunity. Exceptional investment and development offering in the Crotona Park section of the Bronx. This legal three-family brick property offers approved architectural plans, in accordance with previous fire damage rehabilitation strategy, for conversion into eight one-bedroom residential units, providing investors and developers with multiple potential strategies. A condominium conversion application deck is also prepared, creating an opportunity to pursue either a long-term rental investment or individual condominium unit sales, subject to applicable approvals. Vacant delivery, sold AS-IS, approved conversion plans, flexibility for rental or condominium ownership return on investment outlook in the Bronx residential market.
Amenities
- Electricity Available
- Natural Gas Available
- Other
Contact
Listing Courtesy of Apex Realty