- For Sale $1,600,000
- Property Type Multi-Family
- Property Size 5,500 SF
- Lot Size 0.12 Acre
- Year Built 1929
- Date Updated Jan 23, 2025
Description
Attention Developers and Investors! Develop or Keep It @8 CAP!!!
Don’t Miss Out on This Exceptional Opportunity!
Nestled in the coveted R7B Zoning, this property presents an outstanding development potential with over 15,000 sq ft of allowed usable FAR.
Also, there is a potential to keep the current structure and build on top of it.
Delivered Vacant!!!
One spacious three-bedroom apartment. Two large two-bedroom apartments. Two large one-bedroom apartment
You can also keep the building and have a CAP rate of around 8%.
In addition, the property features a detached two-car garage, a long driveway, a backyard, and a laundry room on-site. The attic with soaring high ceilings opens up further possibilities for expansion and added facilities, paving the way for even greater revenue generation.
Located just minutes from train stations, shops, parks, schools, Montefiore Hospital, and more, this property is perfectly positioned in a thriving neighborhood.
Act Now! Opportunities like this don’t last long—secure your investment in a property with limitless potential.
* Information believed to be true but not warranted *
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Contacts
Link NY Realty
Location
Located at 3179 Rochambeau Ave, Bronx, NY 10467, this property is part of the Norwood neighborhood and Bronx market.
Link NY Realty