Nest Seekers

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

Eastside, NY, Corporate
505 Park Ave, New York, NY 10022
Phone: +1 212-252-8772
info@nestseekers.com
Listing Courtesy of Apex Realty
​
Nest Seekers Logo
Loading...