Alexandre Goulet
This listing was posted on RealtyWW.
$1,250,000
Home For Sale In Bronx, New York
Price:
$1,250,000
Location:
1905 Vyse Ave, Bronx, NY
Description:
For sale are two adjacent development sites located at 1903 and 1905 Vyse Avenue in the Bronx, NY. These sites collectively offer 7, 238 square feet of development potential with a combined frontage of 50 feet and a depth of 144 feet. The properties are zoned R7-1, featuring a floor area ratio (FAR) of 3.44 which allows for the construction of up to 25, 000 square feet of zoning floor area (ZFA). Strategically positioned just steps from the West Farms and Boston Road subway stop, the location ensures easy access to Manhattan within 35 minutes, enhancing commuter connectivity. The property is primed for a residential project under the newly enacted tax abatement program, 485-x Affordable Neighborhoods for New Yorkers (ANNY), presenting an appealing opportunity for rental developers. The allowable construction can go up to an 8-story building with approximately 36 units, making it an optimal choice for maximizing residential capacity and meeting urban housing demands. This offering represents a unique investment in a rapidly developing area, poised for significant growth and profitability.For more details: https://realtyww.info/homes_new-york-r782074/for-sale_i71935716
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More About this Listing: Home For Sale In Bronx, New York
Home For Sale In Bronx, New York is a Single-Family Homes for Sale at 1905 Vyse Ave in Bronx NY. Find other listings like Home For Sale In Bronx, New York and listings near 1905 Vyse Ave by searching Oodle Classifieds for Single-Family Homes for Sale in Bronx NY.
Home For Sale In Bronx, New York is a Single-Family Homes for Sale at 1905 Vyse Ave in Bronx NY. Find other listings like Home For Sale In Bronx, New York and listings near 1905 Vyse Ave by searching Oodle Classifieds for Single-Family Homes for Sale in Bronx NY.