#9342



PRIME INVESTMENT/DEVELOPMENT OPPORTUNITY

FRANKLIN AVENUE

OPPORTUNITY ZONE

BRONX, NEW YORK



Lot Size: 33' x 95' irr
Building Size:
Basement: ---25' x 50' = 1,377
First Floor: ---25' x 50' = 1,377
Second Floor:25' x 50'= 1,377
Third Floor:----25' x 50'= 1,377
Stories: Three Plus Full Basement
Gross Square Feet: 4,131 appx
Zoning: (FAR) R6 (2.43)
Buildable Sq. Ft: 6,889
Air Rights: 2,758
Taxes: (24/25) $4,587.76
Description:



A 33’ wide two-unit three story corner mixed-use building. The property has two stores on the first floor and two four-bedroom apartments above.



The units have nice wood floors all the bedrooms have good size closets and get great sunlight. The units has 10’ ceilings and individually metered for gas and electric.



The property is a prime investment opportunity, an investor can add value by updating the apartments and common areas. The property is also a great development opportunity, a 9,647 square feet building can be built with commercial on the ground floor.



The property is also a great user opportunity, a user can use the corner store for their business and live in one of the units.



The property has great residential and commercial exposure on Franklin Avenue and 170th Street. The 2 & 5 trains are on 174th Street and Freeman Street.





ASKING PRICE: $2,250,000.00 + fee Cap Rate 7.61%

contact if interested : usapropertysale@gmail.com
refer to property ID# 9342



#bronx #new york
#9342 PRIME INVESTMENT/DEVELOPMENT OPPORTUNITY FRANKLIN AVENUE OPPORTUNITY ZONE BRONX, NEW YORK Lot Size: 33' x 95' irr Building Size: Basement: ---25' x 50' = 1,377 First Floor: ---25' x 50' = 1,377 Second Floor:25' x 50'= 1,377 Third Floor:----25' x 50'= 1,377 Stories: Three Plus Full Basement Gross Square Feet: 4,131 appx Zoning: (FAR) R6 (2.43) Buildable Sq. Ft: 6,889 Air Rights: 2,758 Taxes: (24/25) $4,587.76 Description: A 33’ wide two-unit three story corner mixed-use building. The property has two stores on the first floor and two four-bedroom apartments above. The units have nice wood floors all the bedrooms have good size closets and get great sunlight. The units has 10’ ceilings and individually metered for gas and electric. The property is a prime investment opportunity, an investor can add value by updating the apartments and common areas. The property is also a great development opportunity, a 9,647 square feet building can be built with commercial on the ground floor. The property is also a great user opportunity, a user can use the corner store for their business and live in one of the units. The property has great residential and commercial exposure on Franklin Avenue and 170th Street. The 2 & 5 trains are on 174th Street and Freeman Street. ASKING PRICE: $2,250,000.00 + fee Cap Rate 7.61% contact if interested : usapropertysale@gmail.com refer to property ID# 9342 #bronx #new york
0 Comments 0 Shares 370 Views