Soundview Real Estate

1500 Vyse Avenue, West Farms, NY 10460

[West Farms Real Estate, listing number 7356670]



Description: 7356670
   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.

Details:
   Families: 3
   Bedrooms: 8
   Bathrooms: 3
   Property Type: Other
   Acres: 0.05
   Built: 2005
   School District: Contact Agent

Financials:
   Price: $1,595,000
   Taxes: $1,243

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