882 Morris Avenue, Bronx, NY, 10451 New York City NY US

USD 2,580,000
For Sale MLS: 3500097

Property Details

Bedrooms

1

Bathrooms

1

Neighborhood

Concourse Village

Property Type

Lots And Land

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 $2.58 million, this represents an exceptional deal that you won't want to miss. Take action now and embrace this outstanding opportunity for success. Find out more about this property. Request details here

Location

Address

882 Morris Avenue, Bronx, New York 10451, United States

City

New York

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