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3848 Bailey Avenue
KingsbridgeBronxNY 10463

$1,150,000
for sale
Ferramentas
Folheto
Size
Financial
$1,150,000
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Listing Details
Família Única
Tipo de Propriedade
12437713
Identificação Web
11324583
ID do MLS
69
Days Posted

Descrição

3848 Bailey Avenue,

Bronx, NY 10463

Located at 3848 Bailey Avenue in the Bronx, this development site offers a considerable 3,134 Sq. Ft. lot size. It's zoned R7-1 (Wide Street) with a Floor Area Ratio (FAR) of 4.0, allowing for a buildable area of approximately 12,536 square feet. The property, situated just 0.3 miles from the 238th Street subway stop, offers easy access to Manhattan. This site is currently built as a (2) family that will be delivered vacant making it immediately available for development. The deep and wide lot provides substantial space for construction, and the property holds the potential for a 8-story building with around 18 residential units. The recent implementation of the 485-x tax abatement, under the Affordable Neighborhoods for New Yorkers ("ANNY") program, enhances the attractiveness of this opportunity, offering significant tax incentives for developers focused on rental housing. This property is well-suited for a rental developer or investor looking to capitalize on the growth and potential of the Bronx.

This is an Active listing.

Broker Office Phone Number: 646-559-4700

Copyright © 2024My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Serviços

  • Garage

Histórico de preços

datepricevariancetype
7/16/2024$1,150,000-Listados
Listing By: Landair Property Advisors, LLC via Data Source: My State MLS 
agente de listagem: Alexandre Goulet


Located at 3848 Bailey Avenue, Bronx, Nova York 10463, Kingsbridge neighborhood, this Família Única is for Venda with a price of $1,150,000 USD. The property. See all Homes for Venda in Kingsbridge.
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