Prime Bronx Multi-Family Conversion Opportunity. Exceptional investment and development offering in the Crotona Park section of the Bronx. This legal three-family brick property offers approved architectural plans, in accordance with previous fire damage rehabilitation strategy, for conversion into eight one-bedroom residential units, providing investors and developers with multiple potential strategies. A condominium conversion application deck is also prepared, creating an opportunity to pursue either a long-term rental investment or individual condominium unit sales, subject to applicable approvals. Vacant delivery, sold AS-IS, approved conversion plans, flexibility for rental or condominium ownership return on investment outlook in the Bronx residential market.
Estimated Payment
$ 8,633.98 per month $8,065.19 Principal & Interest $103.58 Property Tax $465.21 Homeowner's InsuranceListing By
Agency Name: Apex Realty
Agency Contact: 212-686-0442
Shown By
Agent Name: Hilda Chin
Agent Phone: Cell: (516) 641-6218
Agency Title: Coldwell Banker American Homes
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1500 Vyse Avenue | MLS# 1067751
This multi-family property located at 1500 Vyse Avenue, Bronx, NY 10460 is currently listed for sale with an asking price of $1,595,000. Vyse Avenue is located within the Contact Agent school district. Search Bronx real estate on www.hildachin.com today.