1348 Clay Avenue, Bronx, NY 10456

$1,299,000

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List Price
$1,299,000
Days on Market
2
MLS#
1069889
Status
ACTIVE
Lot Size
2228

Property Description

Development opportunity on Clay Avenue. This three-story brick three-family sits on a 24.75 x 90 lot in an R7-1 zone, and the existing building has potential to be converted to 10 apartments. The conversion would be interior work, with no addition and no ground-up construction, so the buyer gets a faster, lower-cost route to a 10-unit rental building. The block has seen strong investor and developer activity. Close to the B/D trains at 170th Street, the Bx41 on Webster Avenue, the Grand Concourse and Claremont Park, with steady rental demand in the area. Bring your architect and your vision. Buyer to verify zoning, unit count and all development figures.

Additional Information

Year Built
1920
School District
Bronx 9
Elementary School
Ps 42 Claremont
Middle School
Is 232
High School
Mott Hall Bronx High School
Taxes Total
4025
Heating
Oil
Parking
Garage
Water
Public
Sewer
Public Sewer
Taxes
$4,025

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Listing courtesy of Listing Agent: Melissa K. Ng (mng@realtyspecialists.com) from Listing Office: Century 21 Realty Specialists.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.