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    384 Wilson Ave Bronx, NY 10469

    Sponsored
    For Sale
    $499,000

    1,730 SF Vacant Lot, Motivated Seller

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,730 square foot vacant lot presents a remarkable opportunity for development in the desirable Laconia section of the Bronx, New York. Located at 384 Wilson Avenue, zip code 10469, this property is zoned R5, offering significant potential for various construction projects. The lot is conveniently situated in a peaceful and attractive neighborhood, providing a tranquil setting while remaining easily accessible to the city's amenities. A completed lot survey is readily available for immediate review, streamlining the due diligence process for prospective buyers. The seller is highly motivated and open to considering all reasonable offers, making this an attractive investment prospect. This property is ideal for those seeking to build a new home or develop a small-scale project in a sought-after Bronx location. The address is precisely 384 Wilson Avenue, Bronx, NY 10469, with GPS coordinates available upon request. The asking price for this exceptional land parcel is $499,000. Don't miss this chance to acquire a prime piece of Bronx real estate. Serious inquiries are encouraged.

    Property Features for 384 Wilson Ave

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8490312
    Latitude
    40.8673875

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    FAQs

    What type of property is this?
    Land - 1,730 SF Vacant Lot, Motivated Seller
    Where is this land located?
    The property is located at 384 Wilson Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $499,000.
    Request Owner's contact information
    384 Wilson Ave Bronx, NY 10469
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    Bronx, NY 10469
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    384 Wilson Ave Bronx, NY 10469
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