1,302 Sqft Lot
1,302 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Fordham Heights
MLS Listing ID 1047431
Rental Info No
Year Built 1931
Annual Tax Amount $15,458
Lot Size 1,302 Sqft
Acres 0.0299
Property Sub-Type Duplex
Source onekey2
Property Description
Welcome to 2350 Washington Avenue, a mixed-use commercial property offering tremendous potential for investors, developers, and owner-users. The property currently features two residential units above a ground-floor commercial bar, providing an opportunity for multiple income streams.
With M1-4/R7A zoning, this property presents exciting possibilities to renovate, reposition, develop, or potentially rebuild, subject to all applicable zoning, approvals, and regulations. Investors can explore maximizing the property's development potential while also benefiting from its existing mixed-use configuration.
Whether your strategy is to create stable long-term rental income, add value through improvements, reposition the commercial space, or pursue a larger development opportunity, 2350 Washington Avenue offers flexibility and upside in the Bronx market.
A unique opportunity for investors and developers looking for both immediate income potential and future growth. Buyer and buyer's representatives should independently verify all zoning, allowable uses, development rights, square footage, and potential with the appropriate NYC agencies and professionals.
Location
State NY
County Bronx County
Rooms
Basement Bilco Door(s), Common, Storage Space
Interior
Interior Features Other
Heating Ducts, Other
Cooling Ductless
Fireplace No
Exterior
Parking Features Off Street, On Street
Utilities Available See Remarks
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None
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International Realtor & CEO of The Pina Group License ID: 2191407