Land in Bronx, Bronx, NY 10451 | Web ID: PH529878 | $2,280,000

 
Property Description

Fantastic investment opportunity: vacant lot in downtown bronx, new york. Located in the heart of downtown, close to yankee stadium, this property features a land area of 35x100 feet, with r8a/c2-4 zoning, offering potential for a development of around 21, 000 square feet (specifics can be discussed with a professional architect). Moreover, the annual property tax is just $2, 500, providing substantial savings. Convenience is paramount, thanks to easy access to transportation. The property is situated near the b/d/4 subway lines and train station. The bronx county hall of justice is conveniently located across the street, adding to the property's appeal. In addition to its prime location, the area is bustling with amenities such as starbucks, home depot, cvs, walgreens, and more, presenting limitless possibilities for your project. With a thriving market in mind, rental rates for 1 to 3-bedroom apartments range from $2, 500 to $3, 800. The potential for land development is extensive, promising high returns on investment. Competitively priced at just $2. 28 million, this represents an exceptional deal that you won't want to miss. Take action now and embrace this outstanding opportunity for success.

Property Information
Location/Town Bronx
Area/County Bronx
Post Office/Postal City BRONX
Prop. Type Land
Tax $2,534.00
Lot Size 35x100
Lot SqFt 3,500
Zoning Commercial
Lot Features Cleared
Tax Lot 6
School District Bronx 9
Middle School Bronx Early Col Acad-Teach/Lea
High School Bronx School For Law, Gov, Jus
Listing information courtesy of: Sany Realty Group LLC

 

 

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