2141 Washington Avenue

Bronx, NY 10457

About this property

Prime investment opportunity in the heart of the Bronx's vibrant Belmont neighborhood! This fully vacant 3-family property (plus finished basement) offers incredible value-add potential for savvy investors, developers, or builders. Situated on a generous 18.42' x 145' lot with R6 zoning, the site boasts up to 8,010 sq. ft. of maximum buildable area (buyers to consult with an architect to verify full conversion and expansion possibilities). Property is ideal for a 203k Loan (consult with your lenders). The existing structure is currently under a Vacant Order and is being sold strictly AS-IS due to localized water damage originating from a bathroom leak. Located just minutes from Fordham University, local dining along Arthur Avenue, and convenient Metro-North and transit options for a rapid commute into Manhattan. Bring your contractor and vision to unlock the maximum potential of this prime Belmont site!

About this property

Prime investment opportunity in the heart of the Bronx's vibrant Belmont neighborhood! This fully vacant 3-family property (plus finished basement) offers incredible value-add potential for savvy investors, developers, or builders. Situated on a generous 18.42' x 145' lot with R6 zoning, the site boasts up to 8,010 sq. ft. of maximum buildable area (buyers to consult with an architect to verify full conversion and expansion possibilities). Property is ideal for a 203k Loan (consult with your lenders). The existing structure is currently under a Vacant Order and is being sold strictly AS-IS due to localized water damage originating from a bathroom leak. Located just minutes from Fordham University, local dining along Arthur Avenue, and convenient Metro-North and transit options for a rapid commute into Manhattan. Bring your contractor and vision to unlock the maximum potential of this prime Belmont site!

Features and Additional Information

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$1,250,000 Active
2,974 sqft

Presented By Smitchger Realty

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Area Information

| Bronx County County |

$ 1,250,000
This listing is play_arrow 84.1% higher than the average in the area
$ 679,000 in the area
2,974 SqFt
This listing is play_arrow 118.0% larger than the average in the area
1,364 SqFt in the area
$ 420 $/SqFt
This listing is play_arrow 15.6% less than the average in the area
$ 498 $/SqFt in the area
19 days on site
This listing is play_arrow 18.8% above the average in the area
16 days on site in the area

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Listed By Jose J. Flores
Brokerage: EXIT Realty Private Client

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