2221 Belmont Avenue House, Bronx, NY, 10457 New York City NY US

USD 650,000
For Sale MLS: 11182103

Property Details

Bedrooms

3

Bathrooms

2

Neighborhood

Belmont

Property Type

Residential

Description

Investment Opportunity at 2221 Belmont Ave, Bronx, NY that is NOT TO BE MISSED.PRIVATE DRIVEWAY.Introducing a unique investment opportunity in the heart of the Bronx. Located at 2221 Belmont Ave, this TWO FAMILY multifamily property boasts two units, 1 one-bedroom, and a two bedroom layout, with a total building area of 1,650 square feet.Despite needing a full renovation, this property offers a world of potential for the right buyer. With an R7-1 zoning, a building with a height factor of 3 could yield an FAR of 2.01, providing up to 5,025 SF of usable floor area. This allows for the opportunity to greatly expand the current living spaces or potentially add additional units, subject to the necessary planning permissions and regulations.Positioned in a vibrant neighborhood, this property offers easy access to local amenities and transportation links, making it an ideal location for potential renters.This property represents a fantastic investment opportunity in the bustling borough of the Bronx. Whether you?re an experienced investor looking to expand your portfolio, or a newcomer to the real estate investment scene, this property offers significant potential for both capital growth and rental income.Will be delivered vacant.Contact us today. This won?t last. Find out more about this property. Request details here

Location

Address

2221 Belmont Avenue, Bronx, New York 10457, United States

City

New York

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